Richard Dale-Mesaros

• Real Estate Website Reviews

I can't believe I read all these comments.... Bottom line: If you're going with a Realtor, choose one with a good track record , who closes at least 50 deals/year. If you're going it alone, make the effort to learn the strategies that do work. I'm an investor with over 50 deals under my belt and I keep meaning to use a Realtor (and would do quite happily), but I've always sold my properties myself first. Realtors work and so can FSBO, as long as you due your due diligence on either first! Are we done yet? Richard :) Chief Deal Weaver www.BlackWidowNetwork.com - STRIKE FAST!

Dear All, Having worked with a ton of people losing their houses to foreclosure, I saw first hand how the appraisers had been under pressure from both the unscrupulous Realtors and the lenders, who needed to see these deals go ahead - all three were in a vicious circle and beholdent to one another for fear of losing repeat business. I believe all of this was instigated by the Feds encouraging the crazy lending early on. Now I've heard the Feds are working on a bill to prevent investors from working with people in foreclosure, much like the new bills that have been popping up across the country, beginning with Maryland. I understand this is to protect the homeowners from unscrupulous investors, but this also bars the honest folks, who can actually create a truly win-win situation out of these dire situations and help people avoid foreclosure, plus get housing stock turned around. The fewer investors who are able to assist people, the more foreclosures we'll see going forward - UGH! Thanks for listening..... Richard :) Chief Deal Weaver www.BlackWidowNetwork.com

Richard :) Chief Deal Weaver www.BlackWidowNetwork.com - STRIKE FAST! Here's another spin on this issue: I'm an investor who has worked with dozens of folks who were facing losing their homes. Sure, one or two of these people had gotten in 'over their heads' and it's hard having a great deal of sympathy for them, but what about the cases where a spouse dies, gets a catastrophic illness, is unable to work for any of a number of reasons and now there simply isn't the money to keep up with house payments, especially if the 'significant other' was the main bread winner- this is NOT a case of irresponsibility and you'd be surprised how many people face these issues. If they've tried selling their house to move on (with or without a Realtor), but it won't sell because they owe too much, then their best bet is to work with an honest investor who can negotiate with their lender and do a short sale (many Realtors aren't prepared to do this because of the hassle), thus allowing them to move on and avoid foreclosure. Trouble is, many states have now passed legislation that basically stops investors from helping people prior to a foreclosure sale, which is in turn worsening the rate of foreclosures. Add this to the fact that it's harder to file bankruptcy, the banks won't discount much and it's harder to get a new loan and you've got a big problem on your hands, which is where we are now. We have a hard road ahead of us! Yours with gritty determination, Richard :)