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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Selling foreclosure Posted by Donovan Gekko on July 02, 2001 at 10:18 AM In Reply to: Re: Selling foreclosure posted by Jim V on June 20, 2001 at 0:37 AM : IMHO, : resale should be targeted at 4 months. 1 month for eviction, 1 month for rehab, 1 month for marketing and 1 month to complete the sale. If the market is soft, go with Ward's numbers. Buying is an unknown variable, sometimes a given property will be potentially available for years, other times it happens before you expect it. Build a pipeline of potential properties so you always have something you could buy. ----------------------------- does it always take at least 4 months? is it possible to complete everything in say 6-8 weeks? i have an investor who is interested in purchasing a foreclosure but i think he may be looking for a quick turn around, how should i explain this to him? Follow Ups: Re: Selling foreclosure Jim V 12:40 AM, 07/02/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : IMHO, : : resale should be targeted at 4 months. 1 month for eviction, 1 month for rehab, 1 month for marketing and 1 month to complete the sale. If the market is soft, go with Ward's numbers. Buying is an unknown variable, sometimes a given property will be potentially available for years, other times it happens before you expect it. Build a pipeline of potential properties so you always have something you could buy. : ----------------------------- : does it always take at least 4 months? is it possible to complete everything in say 6-8 weeks? i have an investor who is interested in purchasing a foreclosure but i think he may be looking for a quick turn around, how should i explain this to him? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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