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What to expect when buying a
property…
     The good, the bad and the
     ugly.
What we do………
• 90% of our listings are distress sales
• REO – (Real Estate Owned)
• Short Sales (Pre-foreclosures)
• Both are negotiated directly with the
  bank
• Both are sold in “as is” conditions
• Both are time sensitive transactions
• Both are usually priced to sell in 30
  days.
Difference between REO Vs. Short Sale
• REO                  • Short Sales
• Owned by the         • Home owner that
  bank                   is in default
• 80% of properties    • 80% don’t need
  need work              any work
• 48 hours response    • 20 to 30 days
  on offers              response on offers
• Closing 30 days or   • Closing 45-90
  sooner                 days
What you need to know when

                  buying an REO
• Most properties are sold as is. What you see is what you
  get.
• You might have to get pre-approved by the seller’s
  lender
• You are not negotiating with an emotional seller usually
  is all about the bottom line
• Negotiations are time sensitive and no offers are
  consider accepted until the contracts and addendums
  are fully executed
• All offers have to be in writing
Nationwide
1%
Supply and Demand since 2008
What does it mean to be a preferred client?
• You will get up to date information daily on the properties
  that fit your criteria
• You will know of any upcoming foreclosure properties
  that fits your needs
• We will help you base on our knowledge of the market
  determine the real value of the house you are buying
• We will show you how to submit an offer that is attractive
  to the bank
Our company policy for preferred clients
• Patience……
• We are getting properties in the daily basis. We want you
  to take your time and buy something you are truly happy
  with.
• Be pre-approved by a reputable lender.
• Sign the exclusive agency disclosure explaining dual
  agency.
• We only work with committed clients.
Thank you for meeting with us….we hope
you find the best deal possible.
What is our goal and our track record?
• Our goal is to provide you with all the information
  available so you can make an educated decision.
• We want you to get the best deal possible in today’s
  market
• We are working with over 15 Lending institutions and
  have 80% market share in Fairfield county over distress
  sales.
• We know you want a good deal and we will find it for
  you.
• We sell more properties than any other agency because
  we find out what you want and help you to get it.

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ARG buyers presentation

  • 1. What to expect when buying a property… The good, the bad and the ugly.
  • 2. What we do……… • 90% of our listings are distress sales • REO – (Real Estate Owned) • Short Sales (Pre-foreclosures) • Both are negotiated directly with the bank • Both are sold in “as is” conditions • Both are time sensitive transactions • Both are usually priced to sell in 30 days.
  • 3. Difference between REO Vs. Short Sale • REO • Short Sales • Owned by the • Home owner that bank is in default • 80% of properties • 80% don’t need need work any work • 48 hours response • 20 to 30 days on offers response on offers • Closing 30 days or • Closing 45-90 sooner days
  • 4. What you need to know when buying an REO • Most properties are sold as is. What you see is what you get. • You might have to get pre-approved by the seller’s lender • You are not negotiating with an emotional seller usually is all about the bottom line • Negotiations are time sensitive and no offers are consider accepted until the contracts and addendums are fully executed • All offers have to be in writing
  • 6.
  • 7. 1%
  • 8. Supply and Demand since 2008
  • 9. What does it mean to be a preferred client? • You will get up to date information daily on the properties that fit your criteria • You will know of any upcoming foreclosure properties that fits your needs • We will help you base on our knowledge of the market determine the real value of the house you are buying • We will show you how to submit an offer that is attractive to the bank
  • 10. Our company policy for preferred clients • Patience…… • We are getting properties in the daily basis. We want you to take your time and buy something you are truly happy with. • Be pre-approved by a reputable lender. • Sign the exclusive agency disclosure explaining dual agency. • We only work with committed clients.
  • 11. Thank you for meeting with us….we hope you find the best deal possible.
  • 12. What is our goal and our track record? • Our goal is to provide you with all the information available so you can make an educated decision. • We want you to get the best deal possible in today’s market • We are working with over 15 Lending institutions and have 80% market share in Fairfield county over distress sales. • We know you want a good deal and we will find it for you. • We sell more properties than any other agency because we find out what you want and help you to get it.