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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Suggestions, best path to take......new as Realtor, have 275K home....Very Interested in ForeClosures! Posted by R. M. on May 24, 2003 at 8:19 PM Hello all, Would like to request info and suggestions about our situation. I've been unemployed since Nov. '02 and have always worked in Mfg Management w/Bachelor's degree and 17 yrs. experience. Looking for a big career change! Recently was offered position with top real estate office in town nearby with 20+ yr. experienced broker couple, whom I know. Agreed to become realtor with them and will take exam by end of this month. I've relocated a number of times previously, and am very confident in my ability to be successful in this. However, we are considering the sale of our 275K home, 5 Bdrm, 5 acres, pool & decks, etc.... which has location, location, location. We have more than $100K equity in it and have no credit bills outstanding. Prefer to stay in our home if possible, but would sell in a heart beat if thought it could launch us into the ForeClosure Business. Our credit history is outstanding. Very much interested in learning what plan of action you might recommend/suggest for my getting into ForeClosures. We can possibly afford to stay in our current home (if it would be best to have the equity behind us), or we could sell it but unfortunately not be able to purchase another home since we are no longer employed, thus being approved for a mortgage would be impossible. However, we'd have $100K in the bank if we were able to sell it. Do you see my quandry? I wonder how to invest into real estate, especially if I were the licensed realtor, am computer savvy, have time to do the leg work, have somewhat extensive background in refurbishing homes (wife wallpapers & has eye for design and two nearly teenage boys to help) and know that I could learn the ropes, whatever it takes.... My goal is to become debt free, own my home without a mortgage, pay for our two sons' college, travel and retire early! I know that from reading messages from this discussion board, I am capable of it. Please advise!! Any & All ideas welcome & requested!!! Regards, R.M. Follow Ups: Re: Suggestions, best path to take......new as Realtor, have 275K home....Very Interested in ForeClosures! Bill H 6:29 PM, 05/25/03 (0) Re: Suggestions, best path to take SeanW 8:08 AM, 05/25/03 (0) Re: Suggestions, best path to take......new as Realtor, have 275K home....Very Interested in ForeClosures! Travis-CA 10:44 PM, 05/24/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hello all, : Would like to request info and suggestions about our situation. I've been unemployed since Nov. '02 and have always worked in Mfg Management w/Bachelor's degree and 17 yrs. experience. Looking for a big career change! : Recently was offered position with top real estate office in town nearby with 20+ yr. experienced broker couple, whom I know. Agreed to become realtor with them and will take exam by end of this month. I've relocated a number of times previously, and am very confident in my ability to be successful in this. : However, we are considering the sale of our 275K home, 5 Bdrm, 5 acres, pool & decks, etc.... which has location, location, location. We have more than $100K equity in it and have no credit bills outstanding. Prefer to stay in our home if possible, but would sell in a heart beat if thought it could launch us into the ForeClosure Business. Our credit history is outstanding. Very much interested in learning what plan of action you might recommend/suggest for my getting into ForeClosures. : We can possibly afford to stay in our current home (if it would be best to have the equity behind us), or we could sell it but unfortunately not be able to purchase another home since we are no longer employed, thus being approved for a mortgage would be impossible. However, we'd have $100K in the bank if we were able to sell it. : Do you see my quandry? I wonder how to invest into real estate, especially if I were the licensed realtor, am computer savvy, have time to do the leg work, have somewhat extensive background in refurbishing homes (wife wallpapers & has eye for design and two nearly teenage boys to help) and know that I could learn the ropes, whatever it takes.... : My goal is to become debt free, own my home without a mortgage, pay for our two sons' college, travel and retire early! I know that from reading messages from this discussion board, I am capable of it. Please advise!! Any & All ideas welcome & requested!!! : Regards, : R.M. 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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