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REIF Announces Flat Fee Pricing for Foreclosure Auction Property Buyers
Redmond, Washington - Real Estate Investment Firm, the premier distressed property consultants in the region announced a new flat fee pricing structure for their clients and investors who purchase properties at the foreclosure auction in King, Pierce and Snohomish counties.
The latest news from REIF comes on the heels of their recent successful launch of their acclaimed online foreclosure tracking platform, a state of the art website which tracks and provides real-time updates on properties in foreclosure exclusively to REIF clients. In today’s announcement REIF implemented a pricing policy that instead of charging buyers the customary 3% commission, REIF has decided to drastically cut that cost by only charging a low flat fee that is based on the county in which the property was purchased. The new price their clients will pay when they purchase a foreclosure auction property is $3,500 in King county, $3,000 in Snohomish and an astonishing $1,500 for all foreclosure auction purchases in Pierce county.
REIF is the first and only full service foreclosure auction group in Washington to adopt the flat fee pricing model for their clients. Savings for a buyer on a typical $350,000 foreclosure auction purchase in King county would equal $7,000 by paying REIF’s flat fee verses paying the typical 3% commission still being charged by REIF’s competitors.
Those interested in learning more about the services REIF provides their clients are encouraged to attend one of their free weekly foreclosure buying workshops held every Tuesday evening at 5:30 pm at their downtown Redmond office.
How Appraisals Work
Thanks for coming back the final segment of Scott Linson’s wonderful real estate investment advice at Real Estate Investment Firm’s recent educational meeting for our investors about property valuation. Let’s talk about how property appraisals work–your own version, as well as those by professional appraisers.
When it comes to your property’s appraisal, it’s important to understand the components used [...]
Tips on Evaluating Investment Properties
This is the continuation of sage real estate investment advice from Scott Linson at Real Estate Investment Firm’s latest educational meeting for our investors. This time, let’s talk about how to evaluate investment properties. It’s important to find the right value of the property you’re interested in. Several factors should be included in this.
Determine Your Project [...]
How to Find Investment Properties
It was standing room only with many first-time visitors at Real Estate Investment Firm’s most recent educational meeting. Scott Linson, President and CEO of American Home Team, Inc., gave us an informative presentation about how to evaluate a property in today’s market by determing ARV.
His useful and timely advice stems from 10 years experience in marketing/online [...]
Latest Foreclosure Auction Properties for King County & Snohomish County
At tonight’s Real Estate Investment Firm’s investors’ meeting, we recapped several foreclosed properties that sold at auction recently, to give our investors and first-time visitors a feel for the amazing deals that can take place. Here’s a prime example…Property ID # 2710, a beautiful 3,360 square foot home on an 8,125 square foot lot, is [...]
How to Tap into Your Retirement Account to Invest in Real Estate without Penalty
At Real Estate Investment Firm, we don’t just sell houses, we educate you, as well. On Tuesday, 05/06/08, at our educational meeting for our investors, we discussed another funding method for investing in real estate–retirement accounts.
Self-directed IRAs (Individual Retirement Accounts) can be utilized to invest in real estate. There are multiple strategies for doing this, including [...]
Foreclosure Investing 101 - Pre-Foreclosure Part 5 of 8
Stage 1 - PRE-FORECLOSURE
The foreclosure timeline begins when the Notice of Sale (NOS) is issued. The NOS is a formal notice informing the home owner that the property has been scheduled for sale as a result of its default status. The pre-foreclosure period lasts up until the actual auction date.
WHAT YOU NEED [...]
