My suggestion would be to follow proprties that you are interested in on realtytrac or foreclosure to determine if they go back to the “beneficiary” when auctioned at the courthouse steps. Next, contact the real estate owned at the bank(s) that took title to properties at auction. Typically the banks will let the property out to a broker to fix up or to market on the MLS “as is”. Contact the broker directly without an agent representing you before the property is listed on the MLS and express your interest. You thereby become a pocket listing for the broker who stands to earn both the selling and purchasing commissions. Unfotunstely, there is usually a requirement that the property be listed for a minimum amount of time or that a certain nber of offers be reveived. This is problematic as this gives an opportunity for individuals who are financing 3 percent FHA to drive the price up. Sometimes the broker will let you know what the “highest and best” offer received in a multiple counteroffer situation is so you have inside information about what number will get you the property. Be prepared to walk away. Eventually you’ll get what you’re looking for at a good price. Good luck!

My suggestion would be to follow proprties that you are interested in on realtytrac or foreclosure to determine if they go back to the “beneficiary” when auctioned at the courthouse steps. Next, contact the real estate owned at the bank(s) that took title to properties at auction. Typically the banks will let the property out to a broker to fix up or to market on the MLS “as is”. Contact the broker directly without an agent representing you before the property is listed on the MLS and express your interest. You thereby become a pocket listing for the broker who stands to earn both the selling and purchasing commissions. Unfotunstely, there is usually a requirement that the property be listed for a minimum amount of time or that a certain nber of offers be reveived. This is problematic as this gives an opportunity for individuals who are financing 3 percent FHA to drive the price up. Sometimes the broker will let you know what the “highest and best” offer received in a multiple counteroffer situation is so you have inside information about what number will get you the property. Be prepared to walk away. Eventually you’ll get what you’re looking for at a good price. Good luck!

Ed, after you decide where and what you want, look at who the listing agent or the listing office that seems to dominate that micro market. Call them directly, tell them what you want and get your money and loan ready to go. You will then be known as a “buyer in pocket,” and they know what is coming up for sale in the next few weeks. You will get to see it before it hits the mls and if it is what you want, it will go on the mls and be pending in minutes, to you. You can also hook up with another agent in their office, most realty shops have an alpha dog that has the listing hookup and a bunch of helpers, hook up with a helper. Do this for more than one office, but be sure to let them know you do not want to be represented by them if the listing is not from their office and only if you get some advance notice.

This does not work if you hem and haw about things, this only works if you have the money, the fresh loan approval and the gonads to buy something fast, without an inspection or your friends and relatives looking at it, I’m talking about the ability to buy a house in fifteen minutes on the first visit, you should have already done your research and know the neighborhood and floorplans. You want to beat the game, that is how you do it.

Ed, after you decide where and what you want, look at who the listing agent or the listing office that seems to dominate that micro market. Call them directly, tell them what you want and get your money and loan ready to go. You will then be known as a “buyer in pocket,” and they know what is coming up for sale in the next few weeks. You will get to see it before it hits the mls and if it is what you want, it will go on the mls and be pending in minutes, to you. You can also hook up with another agent in their office, most realty shops have an alpha dog that has the listing hookup and a bunch of helpers, hook up with a helper. Do this for more than one office, but be sure to let them know you do not want to be represented by them if the listing is not from their office and only if you get some advance notice.

This does not work if you hem and haw about things, this only works if you have the money, the fresh loan approval and the gonads to buy something fast, without an inspection or your friends and relatives looking at it, I’m talking about the ability to buy a house in fifteen minutes on the first visit, you should have already done your research and know the neighborhood and floorplans. You want to beat the game, that is how you do it.

Ed, after you decide where and what you want, look at who the listing agent or the listing office that seems to dominate that micro market. Call them directly, tell them what you want and get your money and loan ready to go. You will then be known as a “buyer in pocket,” and they know what is coming up for sale in the next few weeks. You will get to see it before it hits the mls and if it is what you want, it will go on the mls and be pending in minutes, to you. You can also hook up with another agent in their office, most realty shops have an alpha dog that has the listing hookup and a bunch of helpers, hook up with a helper. Do this for more than one office, but be sure to let them know you do not want to be represented by them if the listing is not from their office and only if you get some advance notice.

This does not work if you hem and haw about things, this only works if you have the money, the fresh loan approval and the gonads to buy something fast, without an inspection or your friends and relatives looking at it, I’m talking about the ability to buy a house in fifteen minutes on the first visit, you should have already done your research and know the neighborhood and floorplans. You want to beat the game, that is how you do it.