Gaudina is being sued for infringing on 12 different copyrights and one trademark of IntelliBiz. Most of the material in “his” program is under copyright by IntelliBiz, and he is stealing it. In fact, when you open “his” CD, you find the IntelliBiz copyright notice, license agreement, logo and assorted works by IntelliBiz etc. Gaudina is passing off the work of others as his own, and at 5 times the price. He has chosen to ignore the cease and desist letter from our attorneys.
I am new to this subject to investing so bare with me for a second. Is there an outline of events that need to take place vs purchasing via short sale (which we do)?
1) Run the numbers for comps
2) Know the loan balance and interest rate
3) Know the arrears
4) Estimate any repairs
5) Get the deed and record it in your companies name
I have a standard purchase and sales agreement that I modified to include subject to existing financing.
What steps am I missing as I would like to this correctly?
This was sent to me by someone I know who is a Realtor and it was in the NAR Weekly Newsletter for 11/15/06 and sent to their members via e-mail.
My thoughts on this also are if creative investors think there is competition our there from fellow investors, wait till 1.3 million real estate agents get in the act.
They are already doing pre-foreclosure, short sales, etc., just look around and you will see it happening.
Gaudina is being sued for infringing on 12 different copyrights and one trademark of IntelliBiz. Most of the material in “his” program is under copyright by IntelliBiz, and he is stealing it. In fact, when you open “his” CD, you find the IntelliBiz copyright notice, license agreement, logo and assorted works by IntelliBiz etc. Gaudina is passing off the work of others as his own, and at 5 times the price. He has chosen to ignore the cease and desist letter from our attorneys.
IntelliBiz
Ok, I see thanks LeaseOptionKing
I am new to this subject to investing so bare with me for a second. Is there an outline of events that need to take place vs purchasing via short sale (which we do)?
1) Run the numbers for comps
2) Know the loan balance and interest rate
3) Know the arrears
4) Estimate any repairs
5) Get the deed and record it in your companies name
I have a standard purchase and sales agreement that I modified to include subject to existing financing.
What steps am I missing as I would like to this correctly?
Flip the deal to another investor and take some cash to the next deal.
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Hi John,
This is interesting. Can you show us a link to the new rules for NARS regarding Subject To.
This could add more credibility to investors when they visit those sellers.
Thomas
Thomas,
This was sent to me by someone I know who is a Realtor and it was in the NAR Weekly Newsletter for 11/15/06 and sent to their members via e-mail.
My thoughts on this also are if creative investors think there is competition our there from fellow investors, wait till 1.3 million real estate agents get in the act.
They are already doing pre-foreclosure, short sales, etc., just look around and you will see it happening.
John $Cash$ Locke
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