Sunday, November 14, 2010
House For Rent
House For Rent. We are offering a 4 Bedroom, 2 Bath with a dishwasher, deck, fruit trees, garage, in Sweet Home, Oregon, on 1/2 an acre. $825/month.
Thursday, August 26, 2010
Ohio
John Holbrook is returning from Ohio. He will have lots of information from what he learned at the seminar there. Can't wait to hear it all. Will share!
Saturday, May 29, 2010
Challenging Property ... No Water!
John and Laura Holbrook are assisting a friend in dealing with a pending foreclosure. This friend owns property that has no water of it's own, the well has gone dry so water has to be hauled to the property weekly.
This water problem has devalued the property below the loan amount currently on the property. It's a nice 6 1/2 acre lot, with a 3 bedroom, 2 bath house on it and a 4 stall horse barn.
This friend has attempted to work with the bank to get a loan modification, without any success. So now, the property is listed, hoping a cash buyer will buy the property, since it does not qualify for a bank loan without water.
So many people are loosing their homes to foreclosure that John and Laura are reaching out, doing what they can to assist them.
This water problem has devalued the property below the loan amount currently on the property. It's a nice 6 1/2 acre lot, with a 3 bedroom, 2 bath house on it and a 4 stall horse barn.
This friend has attempted to work with the bank to get a loan modification, without any success. So now, the property is listed, hoping a cash buyer will buy the property, since it does not qualify for a bank loan without water.
So many people are loosing their homes to foreclosure that John and Laura are reaching out, doing what they can to assist them.
Sunday, March 28, 2010
Sweet Home Oregon
John and Laura Holbrook just purchased another property in Sweet Home Oregon, rural community, without a lot of pride in their school district and social events. Sweet Home is the home of the Oregon Country Jamboree, a yearly event that brings top country western singers to town for a week of fun and music.
Monday, February 15, 2010
Duplex in Junction City Oregon
John and Laura Holbrook just closed on a duplex in Junction City, Oregon. The key to acquiring this property was:
1. All cash offer.
2. No inspection.
3. No contingencies.
4. Ability to give proof of funds.
One of the best parts of this duplex is that a large industrial type shop is attached to the property. The shop actually makes it 3 units instead of only 2 because the shop is rented out separately.
1. All cash offer.
2. No inspection.
3. No contingencies.
4. Ability to give proof of funds.
One of the best parts of this duplex is that a large industrial type shop is attached to the property. The shop actually makes it 3 units instead of only 2 because the shop is rented out separately.
Friday, January 29, 2010
Hawaii Condo We Are Interested In
Laura is interested in buying a condo in Hawaii, she's in Hawaii right now.
Friday, January 15, 2010
OFFER ACCEPTED ON DUPLEX AND SHOP, WHY?
John and Laura put an offer on a duplex with a large shop yesterday $127,000.00. This was a very hot property, lots of interest, bank owned, the price had been lowered for the second time. There were six offers on this property and John and Laura waited and wondered if their offer would be accepted. One day later, they found out their offer was accepted. So, why was their offer accepted over the other 6? There were a few differences:
1. They offered slightly above the asking price.
2. They offered cash and provided a proof of funds letter.
3. They did not require an inspection.
This is a great property, more will be posted as time and the deal moves forward.
1. They offered slightly above the asking price.
2. They offered cash and provided a proof of funds letter.
3. They did not require an inspection.
This is a great property, more will be posted as time and the deal moves forward.
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