Solving Real Estate Agent Problems | Live Seller Call
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Жыл бұрын“Hey what’s our next steps?” There are a ton of steps with certain creative deals - especially when subject to is involved (and realtors) - so this is a full breakdown on a non-traditional real estate deal. Take a look and take notes!
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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZfaq video for entertainment purposes ONLY ❎
@robertmorgan2219 Жыл бұрын
I sold my house subject to in Texas and the buyer came through for me and did EVERYTHING PACE IS TALKING ABOUT - the buyer PAID ON TIME - MY CREDIT GOT BETTER, the buyer REFINANCED in like 12 months and PAID OFF MY MORTGAGE… somehow the buyer found renters that paid consistently and I almost forgot about the house like Pace said. Now I want to learn this disposition and become an investor!
@JoeGlascockJr Жыл бұрын
Yes! 🔥
@PaceMorby Жыл бұрын
Yessssss. Thank you for sharing.
@VeronicaGrimes_tc 10 ай бұрын
@robertmorgan2219 I'm a Transaction Coordinator, as you start to invest, let me know if you need a TC for your deals.
@FlippingMastery Жыл бұрын
Nice work again!
@PaceMorby Жыл бұрын
Thank you! Cheers!
@venusandathena Жыл бұрын
Educating the seller and agent is just like teaching a zoom class
@tombujnowski9349 Жыл бұрын
If you really want to excel at seller financing and subject to just listen to Pace's videos and become an EXPERT!!. He always comes across as knowledgeable and confident. He sounds like an expert. Very smooth and matter of fact. You come away trusting him implicitly. There's no reason why any one of us cannot attain this level of expertise as long as we put in the work!!
@bladimirledesma5934 11 ай бұрын
I love this call! Pace you explained everything I needed yo know in this one phone call 🙌🏽🙏🏽💪🏽 the go giver method all over this call. Being genuine and transparent always is the best policy 🙌🏽💪🏽
@rowancapital5424 Жыл бұрын
Love it! Great stuff, Pace, thank you.
@maxamdesign Жыл бұрын
Brilliant! Easy to see why you close so many SubTo deals based on how well you explain to the sellers details of the process along with possible issues and their solutions. Amazing insight combined with personal touch of patience and care explaining how the deal will go down. Many thanks Pace!
@VeronicaGrimes_tc 10 ай бұрын
Hello @maxamdesign. Are you looking to close subto transactions? If so, I'm a TC, I can help you if and when you need it.
@randaloopy Жыл бұрын
Transaction coordinators are so valuable!
@VeronicaGrimes_tc 10 ай бұрын
@randaloopy I am a transaction coordinator and would love to help you on any future deals.
@zerotodeal Жыл бұрын
After watching many of these (HUGE THANK YOU TO PACE AND TEAM BTW) There is a clear process and the questions the agent or the seller ask are almost the same on every call. Being able to clearly explain and answer all questions and answer questions they may not even know theu have only strengthens your position to help the seller and get the house.
@VeronicaGrimes_tc 10 ай бұрын
Hey @zerotodeal. Are you buying subto deals? I'm a TC. Let me know how I can help.
@tonyacres250 Жыл бұрын
Thank you for all of your videos they just provide a wealth of valuable information but I have a favor to ask. Could you please do a video on some of those exit strategies that you talk about like traveling nurses, corporate housing, airline pilots and the insurance companies putting people in short term. Thank you in advance
@garettsikes4449 Жыл бұрын
You the man! ✌🏼
@dr.jasonbaca Жыл бұрын
You're so good at explaining things, Pace ... And it's awesome that you bring up things sellers aren't even thinking about. You're a fantastic communicator, sir. Thanks for these videos, brother!
@PaceMorby Жыл бұрын
I appreciate that!
@jennifersilletto179 Жыл бұрын
I was listening to Jesse Vazquez on Bigger Pockets about 7-10 days ago. He rents to traveling nurses. Only thing he doesn't do the same is the Subto
@Walter-Almaraz Жыл бұрын
Amazing Pace,
@StrugeLabs Жыл бұрын
Answered a lot of my questions.
@VeronicaGrimes_tc 10 ай бұрын
Hey @StrugeLabs. I'm a TC. Let me know if you need any help in the future.
@mindingmybusiness9765 Жыл бұрын
I get the the process, and the question I have is , what clauses are in contract or what to do if I can’t find a buyer? Have you discussed that yet?
@reubengebon882 Жыл бұрын
Word.......!
@focusrahman2948 Жыл бұрын
I really really wish there was a Pace Morby of Canada. Information/support just isn't as readily available in Canada as it is in U.S. imo. Nonetheless, been watching and learning about Creative Financing tremendously. Amazing amazing value!
@MoDizzle08 Жыл бұрын
His partner Jamil is from Canada and started there.
@focusrahman2948 Жыл бұрын
@@MoDizzle08 Oh!! I didn't know this. Will look into this more. Thanks!
@1Blackman82 Жыл бұрын
Pace can you do this or seller financing on self serve carwashes?
@deesplash7087 Жыл бұрын
Goated 🐐
@JoeGlascockJr Жыл бұрын
Hey pace, I thought it was 75% DTI wipe off. Then after a year it's 100%?
@randyvalverde1422 Жыл бұрын
can we do this in New York as an agent
@petsloveonly Жыл бұрын
What happens if say after u put out refurb and resell but the market has gone down how do u navigate this?
@jeanbustamante9945 Жыл бұрын
How to go about finding An agent to buy a property subject to like Ryan? For example in Miami?
@samtx5518 Жыл бұрын
Helping others get what they need…! Isn’t that what its about
@ChristyDStarling Ай бұрын
💜💜💜
@bryanvillarreal356 Жыл бұрын
SUBTO in TX I find to be a tad bit more challenging.
@EstatusBestia 11 ай бұрын
Why?
@krystalmiles7558 9 ай бұрын
What happens if the original lender calls the mortgage due since most don't allow subject to or wrapped mortgages? Do you provide the funds to pay off immediately?
@PaceMorby 9 ай бұрын
We typically work with the bank. I have a playlist about it called "Due On Sale" check it out.
@JayyKilz 11 ай бұрын
How do you refinance a mortgage that's in someone else's name?
@neilquinn Жыл бұрын
Have any agents or people that could work with me as a buyer in the northern VA area? Looking to find sub-tos or FHA/VA loan assumption
@saml8560 Жыл бұрын
I can help
@gilmerguzman Жыл бұрын
Where could I get a transaction coordinator? Title company?? Please help
@desztino9829 Жыл бұрын
Rachelle Davis constant close is her company. Cool company
@GB-kl2pd 9 ай бұрын
Interesting video. Pace I understand that some of your students are agents but for someone starting out, how can I market to real estate agents. I would be focusing on newer homes with zero equity. thanks
@PaceMorby 9 ай бұрын
Lead with the value you can provide, like selling properties with too high a price tag to move on MLS, a cut of the deal if you close on foreclosures from lists the agent provides, listing a house with them if you ever move into fix and flip. Then build a relationship based on the value you can provide each other!
@DatsDoodoBaby Жыл бұрын
Quick question, what’s in it for the agent that assists in a sub2 or seller finance deal since no commissions are being paid? Is it just potential future clients?
@PaceMorby Жыл бұрын
If you head over to my Facebook Group - paceapproves.com/communityfbc and ask this same question, I bet you'll get a lot of feedback. We have over 80k+ people in that group and my Mastermind Subto Students who I mentor are in there helping out. Join us!
@allenfoster1591 Жыл бұрын
The buyer offers to pay their commission
@desztino9829 Жыл бұрын
@@allenfoster1591that part.. thanks
@georgehayden2723 Жыл бұрын
What was the loan servicing company that you use?
@SpringFeverInTexas Жыл бұрын
He said weststar loan servicing 🙂
@SYSTEMLIFEGAMING Жыл бұрын
Can we get more like this please
@VeronicaGrimes_tc 10 ай бұрын
Hey @Brianv6691. I'm a TC. Let me know how I can help.
@toni_yvette Жыл бұрын
How can find a transaction coordinator?
@desztino9829 Жыл бұрын
Rachell Davis. Constant close
@VeronicaGrimes_tc 10 ай бұрын
@toni_yvette How have things been going since your last post? I'm looking for someone needing my help. I am a transaction coordinator and would love to help you in any way I can.
@RealEstateTradr 10 ай бұрын
I wish I could join but $8000 for the mentorship is far from me. I would have to save every month until I can buy in.
@omeedtabiei7040 Жыл бұрын
Why did she want to sell?
@jamesbanks95 Жыл бұрын
If you take over a mortgage and the person dies, what happens next?
@josealpizar845 Жыл бұрын
👍😳😳
@ashekhustle4042 Жыл бұрын
How do I find these companies that rent out for insurance?
@JoeGlascockJr Жыл бұрын
You should clarify more on what you mean
@ashekhustle4042 Жыл бұрын
@@JoeGlascockJr How do I find insurance companies that place displaced homeowners/renters in other homes? I would like to offer my rental space for that kind of situation.
@thecabretty11 Жыл бұрын
Call companies such as: All estate, state farm, etc
@ReelFactz Жыл бұрын
This guy never answers a question, when you have confidence and rapport built you don't need to go off subject when someone ask a question. Some people don't have patience
@Homeoffersunited Жыл бұрын
They aren’t going with someone else! After that no way lol!
@blakebusson3927 Жыл бұрын
I still don't understand in this particular example how the seller benefits at all? Why would she not just sell with a traditional relator so she actually makes a profit? I understand the concept from Pace, but only possible way it would make any sense at all for seller to part ways if they OWE more money on the house than its worth. It seems PACE essentially gets this house for free and just takes over the mortgage then when he decides to sell he keeps all profit.
@yessical6514 Жыл бұрын
I think that the owner that goes this route is because it didn't sale when in sale in the 6 monthes or the # just didn't make sense so as last resort then the process is a piece of cake so owner is so is relief & thankful that they wonder where were you months ago. But even if they would have heard of this in the beginning they wouldn't of entertain this idea so yes they almost have to go through that to get it!
@favian1622 Жыл бұрын
I believe they confirmed that there is no equity in the deal. Sounds like an underwater mortgage.
@louisa5733 Жыл бұрын
Seems like she is in negative equity, and is continue to pay for mortgage which she feels it’s a burden for her. If she sells, she prob has to pay back the bank? (Not sure how it works in the US)
@louisa5733 Жыл бұрын
Seems like she is in negative equity, and is continue to pay for mortgage which she feels it’s a burden for her. If she sells, she prob has to pay back the bank the difference… (Not sure how it works in the US)
@louisa5733 Жыл бұрын
Seems like she is in negative equity, and is continue to pay for mortgage which she feels it’s a burden for her. If she sells, she prob has to pay back the bank the difference… (Not sure how it works in the US)
@ChristyDStarling Ай бұрын
💜💜💜
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