wsmith1213

"Investor / realtor"
  • I'm a:
    •
  • Real Estate Professional
  • Company:
    •
  • Keller Williams / Fair Deal Home Buyer, LLC.
  • Location:
    •
  • Phone:
    •
  • (845) 728-6162
wsmith1213, in 10950
  • 17 Answers
  • 5 First Answers
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About Me
I'm a Realtor/ Investor , I buy ugly houses, renovate them and resell them. I'm also a realtor and work with buyers and sellers. I will also wholesale properties to and from other investors, properties that aren't listed in the MLS so give me a call and see what I have on the table. If you have a property thats a fixer upper and you want to sell it, give me a call, there are no realtor fees on the transaction if I buy the house and I can close very fast and can close with cash in many instances.
Thank you,
Bill Smith
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wsmith1213's Questions (0)
wsmith1213's Answers (17)
Leah, Home Buyer in New York

Why would a house be listed as cash only?

Asked Mon Jan 5 2009, 13:18 by Leah  -  Home Buying in 12550  -  6 answers
wsmith1213 answered:
You might have to go to a hard money lender whose biggest is that your getting the house at 70% of the after repair value minus the costs of repairs and renovations. They usually hit you with 2-3 points and anywhere from 12-16% interest. If this is something your seriously considering, give me a call so I can explain in more detail.
Thanks,
Bill SMith
Keller Williams realty
Fair Deal Home Buyer, LLC.
914-420-1974 - Mon Jan 5 2009, 14:09
Ridpc, Just Looking in New York

What is the best website for foreclosures? I joined realtytrac and it was difficult to cancel. And they

Asked Thu Dec 4 2008, 20:11 by Ridpc  -  Foreclosure in Middletown  -  5 answers
wsmith1213 answered:
Hi Ridpc,
the best place for foreclosures is through a realtor, I don't consider most of them deals though. Most of your real deals are Pre- foreclosures that you try to buy directly from the owner or a wholesaler prior to the auction. unfortunately right now, over 90% of the preforeclosures are overleveraged and the owner owes more that what the home is worth and require a short sale which doesn't always go through. If you'd like more information on learning real estate investing or would like to see a current list of the foreclosures, just got to my Hudson valley investors website and let me know what your looking for as beside being a Realtor, I'm also a wholesalere and networked with a lot of the other wholesaler/investors.
Thank you,
Bill Smith
Fair Deal Home Buyer, LLC
914-420-1974 - Thu Dec 4 2008, 20:24
Ramon Vega, Real Estate Pro in 12550

Shall it be better for homeowners to rent now until housing market improves for better investment return?

Asked Wed Nov 26 2008, 03:05 by Ramon Vega  -  Market Conditions in Newburgh  -  4 answers
wsmith1213 answered:
Do you owe more on than house than it is currently worth? Do you have to move? Is it a rental? Do you currently have tenants? Would you be able to purchase an investment(rental) if it would cash flow from the start?
Bill Smith
Keller Williams realty
845-728-6162 - Wed Nov 26 2008, 12:55
Amanda, Home Buyer in Buffalo

buying a home in a declining market, can I make an offer, lets say 20 to 25,000 lower than the asking price?

Asked Sat May 10 2008, 13:21 by Amanda  -  Home Buying in Newburgh  -  11 answers
wsmith1213 answered:
Hi Amanda,
I just got a call from a distressed home owner with a 5 bedroom 2700+ square foot house in the newburgh school district, her home is going to auction in the middle of december, and the home isn't listed, if you or anyone else is interested, please give me a call right now, she owes around $260k and is willing to let it go for very close to that.
Thanks,
Bill Smith
Keller Williams Realty
914-420-1974 - Thu Nov 20 2008, 12:52
Hi Amanda,
You can make any offer you'd like, just remember that the less you offer below asking price the less your odds of getting the house are. 20-30k isn't unusual in this market, but if its an offer made on a house where the owner doesn't have to sell, they can possibly get insulted and refuse any further offers from you. Even with foreclosures, the bank doesn't have to sell right now at whatever price you throw at them, they always get a price opinion, and if your not within a a percentage of that, they may or may not work with you. They never seem to follow reason. I'm also a real estate investor, so I have a different perspective on the market, if you get a chance, give me a call and I can give you a little more insight on how things are going right now.
Thank you,
Bill Smith
Keller Williams Realty
Fair Deal Home Buyer, LLC.
845-728-6162 - Thu Nov 20 2008, 00:25
Kaisia Stewa…, Home Buyer in 105 west meadow wind...

was this property bought by the bank and is this property being put up for sale

Asked Wed Nov 19 2008, 21:44 by Kaisia Stewa…  -  Property Q&A in Newburgh  -  3 answers
wsmith1213 answered:
Check out the inside!
http://org.mlxchange.com/Pub/EmailView.asp?r=748788519&s=ORG&t=ORG
we can do a drive by this weekend if your interested.
Thanks,
Bill Smith
Keller WIlliams Realty
845-728-6162 - Thu Nov 20 2008, 00:16
I checked out my notice of pendens website and didn't find any records of a foreclosure filing against it, however, upon doing a little research, it was bought back by the bank for $335,500 on 7/10/2008 . this was probably a deed in leu of foreclosure and it should be coming onto the market in the next few weeks as a bank owned home. If you would like me to notify you as soon as it becomes available, leave me you information at NewListingNY.com or http://www.OrangAndRocklandHomes.com and I will notify you the day it becomes available.
Thank you,
William Smith
Keller Williams realty
845-728-6162 - Thu Nov 20 2008, 00:01
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Pre Foreclosures and rehab properties
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