98. I Buy Anywhere In The State Of Florida And Also I Buy Also Out of The State Of Florida.

Sellers are in Foreclosure nine months behind of payments, they're trying to work with the bank.

Hello again my name is Chris Russo with 123soulcash.com. I’ve been in business for over 30 years. I buy properties cash, single-family, duplexes, triplexes, fourplexes, land, small commercial, townhouses and condominiums. I buy anywhere in the state of Florida and also I buy also out of the state of Florida sometimes. In the state of Florida you know I deal a lot in Miami-Dade County, North Miami Beach, I bought property North Miami Beach, Miami, Westchester, I bought in LaRanja, I bought in Homestead, Leisure City, Broward County, Sunrise, Fort Lauderdale, Wilton Manors, Hollywood, West Park, Palm Beach, I bought in Lantana, Palm Beach Gardens, You name it. I bought all over place Jacksonville, Tampa all over the place and today I’m gonna talk about a deal that I bought in Boynton Beach so again another offer accepted by 123soldcash.com This property is located on 20th Street Southwest of Boynton Beach. It’s a 3/2, 3 bedroom 2 bath 1912 square feet so a large size property Normally the property is around 1500 but this is 19 nice size. 11 almost like a quarter of an acre. Okay and the roof is three years old. The central air is three years old. And let me see what else. Okay. Oh okay they bought the property two to three years ago and they bought it for I think was like 209. They put 209 they put 80,000 down. So they have a mortgage of like 120, 130 on the property. Okay, the situation with this is that the wife is, well, they both came in down with COVID. And what happened is they’re very sick, they lost a lot of weight. Now they’re trying to gain their weight back. And then she has some underlying illness she does also, so they’re not able to make the payments. So they’re like nine months behind. And I always feel sorry for all these people that are calling me. I wish I had lots of money, millions of dollars. I said here’s the money, bring it current. But obviously, you know, I don’t so see if I can help them, try my best. And then I’m always an option for them. And so they’re nine months behind and you know, obviously, you know, they’re working with the bank to see if they can bring it current or they can redo their mortgage, do something like that. Or the other option is buy the property and they can downsize and move to another place. And so I tell them straight out, I go, “Yeah, that’s a good idea. Speak with your mortgage company. See if they can redo the mortgage, renegotiate, or if the payments are too much for you, since you were making more money before, now with your illnesses, you’re making less money, then maybe a good option is for someone to come by and buy your house cash as is, condition, close, receive your money, and move on.” So I just tell them, “I’m one of your options.” So then what happens, I gave them an offer. They like it. And then they check with the bank but the problem is with the bank when they renegotiate the payments can be a lot higher and they knew that okay it would be current again, but they’re not going to be able to make the payment so they’re going to go into the same situation as before so they accept the money offer we did a a what do you call it a title search we did a lien search and And then what happens we’re ready within like 25 days to close But again, you know, they’re elderly people. They needed to pack up and I think they’re going to move in. They moved in with their sister. So what happened is they need a little extra time. So I’ll tell you what I can do for you. What I did is a post-occupancy agreement. So what happens is we close. I think it was on 25th day. They received their money and they needed two weeks. So I tell you what, I’ll give you a month just to be on the safe side. But if you move earlier, that’s fine. Great with me. Great for them. So they moved in two weeks, take your time and they got everything. They actually closed, they received the money, the money’s in their bank. So now they have money to do what they want, pay for their traveling expenses, whatever they need to do. And then there was like two big items. There was a waterbed and then the other thing, there was another bed on the other side with a cabin that we’re going to keep. I said, you know what? Since I’m going to go in there and clean it up, do a little rehab, Leave it there and my guys will throw it out for you. Wow, that’s great. Thanks, Chris. So I try to make it as easy as possible for the seller. So we close and they’re actually out in two weeks after we close. Everything went fine. They’re happy and again, I always tell them, you know, if you know of anyone looking to sell their property, please send them my way or if they own any other properties. So I’m always looking to buy more properties. So that’s what happened with this. Again, another happy seller. I was able to offer what they wanted, satisfied what they need to do, and now they’re moving on to the next part of their life. Okay, again, I’ll see you in the next video. Thank you very much. Bye bye.

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