YOU HAVE THE QUESTIONS?
WE HAVE THE ANSWERES
- Below Tax Appraisal Properties: By comparing homes currently for sale to the County Appraised Value
- Desperate Seller Properties – These are the homes where the seller’s current sales price is significantly reduced compared to the sales price listed on the MLS within that area.
- Motivated Seller Leads – These are leads that come into us in which the seller states that they need to sell fast. Common reasons are A) Divorce, B) Bankruptcy, C) Property Needs Repairs, or D) Other
- Wholesale properties – These are homes listed for sale by other real estate investors. “Wholesalers” typically find bargain properties, get these under contract and then quickly sell them to someone who is willing to do the repairs, and eventually sell the house for a profit.
We are always receiving new investment properties, so sellers are always listing their properties to this site on a continual basis. We suggest you check back often since our properties tend to sell very quickly.
There will be a $500 charge when a property is sold through this site. This will be after closing, which means when posting your property, please incorporate the $500 extra to your posting price. To list your property you should sign sales and purchase contract with us (IWIG) before your listing becomes activated.
At the point when you sign an agreement with Ignite Wealth Investment Group, the buyer will provide Escrow money after an offer is submitted and accepted.
From beginning to end, Our Closing Process:
The listed properties on our website are assignable purchase agreements, that are sold first come first serve to the buyer that presents the first offer with a *non-refundable escrow deposit of $1000. The majority of our transactions are completed by the assignment of the original purchase agreement to the end buyer. No additional purchase agreement is usually necessary. If the property itself is being sold, we will provide the sales contract.
* If the sale fails to close due to reasons not related to ending buyer, then the full deposit will be refunded to the buyer.
Detailed Steps Of Our Procedure:
1. At the point When an investor has shown interest in a property and would like to view the property in person outside of the pictures provided on the website, an inspection will be available through us.
2. We schedule a group walk-through (except if an offer has just been accepted). If you are interested in the property and require time to bring your contractor through the property for estimates, this is that time. With the exception of uncommon conditions, we offer a limited amount of inspections. We work with proficient investors that can settle on choices and we do our best not to upset our sellers. Note: We don’t give fix or hold quotes because of the assortment of speculator’s circumstances and systems. All due tirelessness with respect to ARV, fix, and holding costs is the duty of the purchaser.
3. Make an offer! Offers can be made and accepted at any time, including before any inspections have been made. Until we have a signed purchase contract or assignment agreement, and a non-refundable deposit held in escrow, the property in question will still be considered available and will continue to be marketed to other buyers.
4. The first and best offer accompanied by a $1,000 *non-refundable deposit and POF (proof of funds) is accepted. Once accepted we will supply you with the required paperwork to complete the sale by assignment or purchase agreement, and the information needed to wire your non-refundable deposit.
5. All paperwork is then submitted to our title company (this includes any applicable assignment agreements, purchase agreements, city point of sale inspections, etc.). All sides of our deals are closed through our local chosen title company and closer. We have an amazing title company that gets it done right, on time, every time, at a great price.
6. The end Buyer will deposit the remaining final purchase amount a minimum of 2 days prior to the closing date with a title company. The (Remaining Final Purchase Amount = Original Purchase Price + Assignment Fee – Deposit held in escrow).
7. End Buyer (you), can complete the buyer side closing as soon as title work is complete, up to the morning of the seller’s closing date. For your convenience, buyers can often complete closing documents via online procedure with Title Company. End buyer closing will always be held separately and prior to seller closing. For your benefit, purchasers can regularly finish closing reports through the online procedure with Title Company.
8. Seller completes the seller side closing on the scheduled closing date.
9. Keys are delivered and end buyer (you) take possession of the property to gets to work!
10. You make this house a beautiful home or cash flowing rental and we start all over!
We love this business, and we love working with sellers and other investors. We believe that we can all help each other grow and prosper in this business and in life. Our properties sell fast because they are good deals and they sell to people that recognize what that means. If you are new to this business that’s great, welcome! All offers SHOULD BE PRESENTED with POF letter or bank statement. All (Proof Of Funds) will be verified.
Simple, Click on the Make an offer button under the property you chose to purchase or you can go to our Contact Us page and send us an email or give us a call. We take offers first come first serve… and telephone tends to be the quickest. Once you connect with us and you want to purchase the property, we’ll require an earnest deposit to secure your offer on that property. We’ll answer any of your questions so you feel 100% comfortable and confident in your decisions.
Most properties you’ll find on our site are ones that you’ll never find on the MLS. The MLS is the “Multiple Listing Service” which is where real estate agents list properties for sale. We work directly with the home owners and wholesales because many times we’re able to help them solve their problem more quickly and cheaper than listing it on the MLS.
This Platform charges a onetime referral fee of $500 that is paid at closing. That means you will add an additional $500 to your listing price to cover the platform fee at closing. We do not charge any upfront fee, as this referral fee is only paid when a transaction is done through our website. If your property was sold outside of this website then you would not lose anything as there was no upfront charge to list your property.
We tend to work with people looking for investment properties who are paying cash and who can close quickly. However, if you are pre-approved with a bank and can close quickly… we’ll consider all offers. If you need financing to buy a property you see on our site, contact us today and we can connect you with lenders that we recommend and have worked with before.