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House #1: Summer Update

August 23, 2010

I’ve had a couple people ask me for an update on The Corn House, and I realized that it’s been a while since I’ve even mentioned it… My last update was in May, at which point the lease-purchase tenants were making progress on their credit and we were pursuing both FHA and NACA financing for […]

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Lish Staging Launched!

August 18, 2010

If you’ve been following this blog for any period of time, you probably know that my wife handles all of the marketing, sales and staging of our properties. With many years experience managing large marketing teams for Fortune 500 companies, she is by-far the greatest resource our company has. (It’s no coincidence that we generally […]

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The Highest Compliment

August 17, 2010

My wife and I got paid the highest compliment we could imagine by a buyer today — we got invited to their housewarming party! The Escher House sold back in May. About a month ago, the buyers had an issue with a soffit that wasn’t sealed properly, causing water to come through the kitchen ceiling […]

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Puppy Update II

August 13, 2010

For those who were following the story of the puppy we found in the REO property last week, I just wanted to give a quick update… After nursing the puppy back to health for a few days, my brother found an animal rescue organization that was willing to take him and try to find him […]

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Follow The Offer IV

August 12, 2010

I’ve love to say I had a status on the offer we made last week that I’ve been posting about… But, unfortunately, still no word. We called the listing agent yesterday to ask the status, she said she’d look into it and get right back to us, and then no return phone call. It’s not […]

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Follow The Offer III

August 9, 2010

Not much to report on the status of the offer I’ve been discussing… As I mentioned in my last post, the listing agent asked for our best offer last week, and we still haven’t heard anything from the bank. Assuming this were a true “highest and best” situation where there were multiple bidders, I would […]

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Follow The Offer II

August 5, 2010

I posted yesterday the details of our latest property negotiations. As I mentioned, we had made an offer, the bank countered our offer, and we had just submitted a second counter-offer to the bank… This morning, the bank responded by requesting our “highest and best” offer. This essentially means that the bank doesn’t particularly want […]

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Follow The Offer

August 4, 2010

Not much to write about today, but since I get a lot of questions asking about the negotiation process I go through with my REO offers, I thought I would share the details of the latest house we’re in the process of negotiating. I don’t know if we’ll end up getting the house or not, […]

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Puppy Update

August 3, 2010

I posted yesterday about the puppy we found in the vacant house over the weekend, and since I’ve gotten a lot of queries about how he’s doing, I wanted to post a follow-up… My brother picked the pup up from the vet Monday evening, and the vet basically said that he has some neurological issues […]

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The Puppy House

August 2, 2010

I wish I could say The Puppy House was our next purchase, but unfortunately we just found out that the bank has already accepted a contract on it, so it doesn’t look like we’ll be buying it. So, you may be wondering, why does this particular house warrant its own name and blog post? Unfortunately, […]

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