Ep 9 - Foreclosures, Short Sales, and REOs…Oh My!

Real estate agents have heard this line 1,000 times from buyers – “I wanna get a steal of a price on a house.” Well, we’re here to tell you that there are no steals in the real estate market, only houses that sell for fair market value. If you purchased a home that is $75,000 less than every other home in the neighborhood then congratulations! You didn’t get a steal, you got a home that needs at least $75,000 worth of work, if not more! Today, we have Milo Hindman, branch manager of Coldwell Banker in the South Hills Office of Pittsburgh Mr Hindman just happens to have over 30 years of experience in the sales industry. Including being a top sales producer from 2006-2013 and then a President’s Council Manager since 2014, Milo has been involved in hundreds of transactions that were in foreclosure and brings a wealth of knowledge to the table on the subject. TALKING POINTS (3-5): • Introduce yourself. • What are foreclosures, short sales, and REOs • What are the biggest myths or “traps” that you find buyers facing when purchasing foreclosures • Due diligence/Title Search/Financing • Who should be looking to purchase foreclosures • If you’re serious about getting into purchasing foreclosed homes, what is the best way to get started • Milo shares a funny story • Final thoughts LINKS: MILO: • https://milohindman.cbintouch.com/ • https://www.coldwellbankerhomes.com/pa/pittsburgh/agent/milo-hindman/aid_28497/ • https://www.zillow.com/profile/Milo-Hindman-1/ JASON: • https://jasonwilcox.cbintouch.com/ • https://www.zillow.com/profile/jasonwilcox1987/ • https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber • https://www.facebook.com/jason.wilcox.186 • https://twitter.com/jason_wilcox1 • https://www.instagram.com/jason.wilcox1/ CONTACT INFORMATION: MILO: Cell Phone: 412-780-1150 Email: [email protected] JASON: Cell Phone: 412-651-4638 Email: [email protected]