Looking For Properties Of Interest - Luxury Homes

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We are looking to purchase luxury homes in price range of $1.5 million and above. must be in good condition. not looking for any rehabs. the seller sshould motivated. We are looking for GOOD DEALS. We will talk to real estate agents that are representing clients and investors or FSBO's who own homes in this price range. thanks. happy investing.
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Comments(3)

  • JeffAdams11th February, 2004

    You must have just taken Marco's seminar. Let us know how that pans out.

    Best Riches,
    Jeff Adam
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  • InActive_Account11th February, 2004

    You like to work in the same price range as I do. I find most deals in this range are through bank real estate owned (reo) or sometimes called other real estate owned (oreo) department. They are sometimes handled through the loss mitigation department. I have also worked deals through the bank's compliance officer. When working with houses in this price range consider you may be holding the property for up to 3 years. It takes much longer to market a house in this price range.

  • InActive_Account11th February, 2004

    Thanks guys so far for your help. Jeffreyadam, sorry i never took marco's course. michael, thanks for the heads up, there's heavy market of these homes in dc metro area. i trying to expand my sales nationwide with the help of the forums. thanks.
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