looking to get my apartment rolling

anyone had any experience with any services like we buy houses and these others that supposedly get you what you are asking in like 3 days?

4/28/2008 9:10:13 PM

awesome title.

4/28/2008 9:14:18 PM

thanks, figured it would get more looks

4/28/2008 9:21:43 PM

it's a scam.

what they do is take over the payments on your house, BUT still keep it in your name.

so if they decide to default, it's only on you. most of the people who run that sort of thing can't afford good toilet paper, so getting you your asking price is silly.

they also try to lowball the hell out of you, with a straight face.

4/28/2008 9:26:25 PM

well there are no payments, and of course...lowballing wouldnt do anything to me, im the ultimate lowballer



but, what you are saying is...not a good experience?

4/28/2008 9:41:24 PM

no need to waste your time is my advice.

4/28/2008 9:43:26 PM

They basically work as a foreclosure middle man (to avoid foreclosure).

They estimate what your home would get in foreclosure and get you that without going through the foreclosure process.

Unless you enter foreclosure within a week, they are a waste of time.

4/29/2008 9:56:57 AM

^ wow.... that sucks

4/29/2008 10:08:52 AM

Well how else is one going to get a home sold in a few days? If a homeowner has more equity than debt on their home (from a foreclosure value standpoint), they allow that homeowner to cash out that equity out instead of losing everything in foreclosure.

For homeowners about to enter foreclosure (who have positive equity) there are not many other options, so those companies can take advantage of that.

They are the equivalent of check advance services. They are garbage, yes, but they exist because some people do not the ability to properly manage money.

The homeowner avoids foreclosure and losing everything. The company make a hefty profit.

4/29/2008 10:25:20 AM