What NOT to do…

January 5, 2010 at 8:18 am Leave a comment

Nobody likes rejection, right?  Well, from time to time wo DO
have to reject properties that come in.  Why?  well, the most
common reasons are:

a)  the property is in bad condition…needs repairs to make it
in rentable condition…we dont accept these kinds of properties,
commonly known as ‘fixers’ or humorusly described in Realtor
listings as ‘just needs a little TLC’ which in many cases
really means ‘this place should probably be condemned!’

The property needs to be in rentable condition, or very close
to rentable condition.  If you have questions about your listings
condition, call in and we will pre-screen it for you.

b)  the agent or seller wait until the last minute to refer
the deal.  If the seller has a tenant in the property, sometimes
they just collect the rents and wait until the last possible
minute to send in their packet.  They wonder why we have to reject
their packet, when we told them to get it into us as soon as
possible so we can start the legal process.

Please be aware of these two issues.  If you are an agent, please council your clients on
the importance of starting the legal process with the banks,
and that we need time to do our job right.  We cant come in at
the very last minute and save the day.  It doesnt work like that.

So please, get your properties into us as soon as possible, and
dont delay.  Timing is a very critical part of the success of
any legal process, and this is no different.

Thanks,

Jason Smith

Affiliate Manager

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Entry filed under: foreclosure, walk away, walk away today, walkawaytoday.org, walkawaytoday.org reviews. Tags: , , , , .

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