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Posts Tagged ‘Amarillo Real Estate’

Don’t Get Scammed! |We Buy Amarillo Houses

Tuesday, August 8th, 2017

A while back I met with a homeowner and placed a bid on their house. A few days later they called and told me I had been outbid by another investor. I was surprised to hear this because I had made what I considered to be a very aggressive offer. A month later they called and asked if my offer was still good. I told them it was and we closed two days later. At closing they told me that this other investor had really given them the run-around. Once he got their house under contract he had brought in other buyers to try and sell the property before he had even bought it. Sounds crazy but it happens all the time. When he couldn’t find another buyer he just backed out.
Here are the 5 best ways to avoid being scammed:

1. Never sign an assignable contract. Do not sign a contract with the words “and/or assigns” written in it. In fact, in special provisions you should write “this contract is not assignable.” This is probably the easiest way to avoid being scammed. This will prevent an investor from trying to sell your house before they buy it.

2. Ask for references. A good company will not mind giving you references. I can give you as many as you want.

3. Verify funds. If someone advertises they pay cash for houses they won’t mind you verifying that they actually have the money to close. If they balk at this request do not work with them.

4. Ask for a short closing date. Even if you want to close in 30 days don’t tell that to the investor. Tell them you want to close in 3 days and your contract will not be assignable. You will be able to tell immediately if you are dealing with a real cash buyer or not!

5. Do not sign a contract with a long option period or a long inspection period. Anything over 5 days should be a red flag. Many new investors want long option periods so they can back out if they can’t find a new buyer. Short option periods make this much more difficult.

If any of this sounds confusing just call me and I can explain it further. When we write a contract and shake your hand we intend on closing that deal. You are welcome to call our references and verify funds. We do what we say we’ll do and our deals close on time with no problems. That’s why we receive so many referrals from happy customers. We are very much a local company. You are welcome to stop by our office for a cup of coffee anytime.

If you have a house to sell in Amarillo or Canyon give us a call. We would be happy to make you an offer. You can call us at 806-359-7653. You can also visit us online at We Buy Amarillo Houses.

Think Only Stupid People Sell To Investors? Think Again! | We Buy Amarillo Houses

Thursday, August 11th, 2016

I hear this a lot. “Only an idiot would sell to an investor!” Or “Why would anyone leave all that money on the table?”
I was eating lunch with my wife on a Friday at Abuelos. It is her favorite place to eat and it’s close to our office so we try to go as much as possible. My phone rang and I immediately hit silence. I noticed it was a Realtor I have worked with over the years. After lunch I called her back. This is the scoop she gave me. Her house was in a nice part of town. She had lived there for 15 years. It was not in terrible condition but it was not updated. She had found a great deal on a new home that required her to act fast. She wanted me to come give her an offer.
When I met with her to look at the house it was just as she had described. It was dated. It needed paint, flooring, and updating in the kitchen in bathrooms. It also had an older sewer line. I asked her why she didn’t just list it herself. She said “Oh honey, on a house like this it never works out like you think!” Now keep in mind that this is a very seasoned successful agent. Why would SHE sell to an investor. Because she is smart!
First of all she needed to sell fast. If she listed the house she knew it would take a few months to get closed under the best of circumstances. She also knew that homeowners would hire an inspector who would pick her house apart. It happens all the time. She knew from experience that by the time she paid a Realtor commission to the selling agent, made lender required repairs, and paid closing cost that she would end up right back at the same price that I was offering her. Besides I offered to pay ALL closing costs. In other words, she would NET the same either way but my offer was faster and much easier. Smart sellers and agents focus on the NET price, not the contract price.
The following Friday I met her at the title company and we closed. She walked out with a check and I took my wife to Jason’s Deli. It’s right next door to the title company.
There are many times when someone has a house that doesn’t need work and they have plenty of time to sell it. In those cases they should use a good Realtor. I recommend giving my wife a call. She is a great agent! But when the house needs work and time is of the essence do what the smart Realtors do… Call me!
Call 806-359-7653 or visit me online at Sell My House Fast.

We buy nice houses too!

We buy nice houses too!

Mitchell Property Group | Do You Need Help With Real Estate?

Thursday, September 3rd, 2015

Wade and Emmy Mitchell, Mitchell Property Group

How can we help you? Do you have a Real Estate problem that you need help with? Maybe you don’t need to sell but you have a different kind of problem? Here are some common questions that we get:
1. Who is a good real estate attorney?
2. Do I need to probate this will or is there another way that is cheaper?
3. How to I write a contract to sell my house to my friend?
4. Should I sell my house or rent it out?
5. Should I make improvements or sell my house as is?
6. How do I sell my house on my own?
7. Should I sell my house to an investor or list with a Realtor?
We don’t mind helping you with any question that you may have. We have been in business for a long time and we have seen all sorts of unusual situations. If we don’t know that answer we probably know of someone who does! Give us a call at 806-359-7653 or visit us online at Mitchell Property Group

 

Think Only Stupid People Sell to Investors? Think Again! | We Buy Amarillo Houses

Monday, February 2nd, 2015

I hear this a lot. “Only an idiot would sell to an investor!” Or “Why would anyone leave all that money on the table?”
I was eating lunch with my wife on a Friday at Abuelos. It is her favorite place to eat and it’s close to our office so we try to go as much as possible. My phone rang and I immediately hit silence. I noticed it was a Realtor I have worked with over the years. After lunch I called her back. This is the scoop she gave me. Her house was in a nice part of town. She had lived there for 15 years. It was not in terrible condition but it was not updated. She had found a great deal on a new home that required her to act fast. She wanted me to come give her an offer.
When I met with her to look at the house it was just as she had described. It was dated. It needed paint, flooring, and updating in the kitchen in bathrooms. It also had an older sewer line. I asked her why she didn’t just list it herself. She said “Oh honey, on a house like this it never works out like you think!” Now keep in mind that this is a very seasoned successful agent. Why would SHE sell to an investor. Because she is smart!
First of all she needed to sell fast. If she listed the house she knew it would take a few months to get closed under the best of circumstances. She also knew that homeowners would hire an inspector who would pick her house apart. It happens all the time. She knew from experience that by the time she paid a Realtor commission to the selling agent, made lender required repairs, and paid closing cost that she would end up right back at the same price that I was offering her. Besides I offered to pay ALL closing costs. In other words, she would NET the same either way but my offer was faster and much easier. Smart sellers and agents focus on the NET price, not the contract price.
The following Friday I met her at the title company and we closed. She walked out with a check and I took my wife to Jason’s Deli. It’s right next door to the title company.
There are many times when someone has a house that doesn’t need work and they have plenty of time to sell it. In those cases they should use a good Realtor. I recommend giving my wife a call. She is a great agent! But when the house needs work and time is of the essence do what the smart Realtors do… Call me!
Call 806-359-7653 or visit me online at We Buy Amarillo HousesWe Buy Amarillo Houses.

Sell Your House Without a Realtor | Amarillo Real Estate 806-359-7653

Monday, April 14th, 2014

The real estate market in Amarillo TX has greatly improved from what it was just a few years ago.  This is great news if you have a house to sell.  The biggest problem right now is finding someone who can get approved for a loan.  During the Real Estate boom of the early 2000’s you could sell your house by simply putting a sign in the yard.  But now the Realtor have all of the buyers.  So this brings me to my point.  How can you sell your house fast without using a Realtor?

I am probably asked this question at least once every day.  I could go on and on for hours about the mistakes that I see home owners make, but the biggest mistake of all is pricing the house incorrectly.  Many people price their house at what they would like it to be worth, or what it used to be worth, or what their neighbor’s house sold for three years ago.  They rarely take the time to do research.  Pricing a house correctly is the first critical step to getting it sold.  You have got to get the most you can but you also have to be realistic.  You need to look at market comparables in your neighborhood.  Try to look only at houses that are within 20% of the same size as yours, in the same condition, and that have sold within the last year.  If you price it too high you will miss out on the first 30 days on the market, which is the time that your house will get the most exposure.  Price it aggressively if you want it to sell quickly.  Even if you are just 5% below the rest of the competition your house will stand out.  If you would like more information on this subject visit give me a call at 806-359-7653.

If you have a house that you need to sell fast you can also call me and let me make you an offer.  I can close very quickly and I take the house as is, so you don’t have to make any costly repairs.  I would be happy to give you more information.  You can call me at 806-359-7653 or visit me on line at sell your house fast Amarillo

Sell Your Home Amarillo | We Buy Amarillo Houses! Call 806-359-7653 today!

Wednesday, January 23rd, 2013

Our Real Estate market has picked up here in good ole Amarillo Texas!  That is great news if you have a house that you need to sell.  But what if you have a house that needs a lot of work?  Are those types of houses selling fast?

 

This is what the experts don’t always tell you.  There are really two Real Estate markets.  One for the pretty homes and one for the distressed homes that need a lot of work.  The pretty houses are selling much faster than the distressed houses.  The ‘fixer upper’ market is very saturated right now because there are still a lot of foreclosed homes for sale.  This is not good news if you are trying to sell a house that needs a lot of work.  It is important to keep this in mind when you hear people talking about how the Real Estate market has improved.  So the bottom line is that if you list a house that needs repairs be prepared for it to take a while to sell.

 

If that doesn’t sound fun, give us a call.  We specialize in buying homes that need to be sold quickly, or that need work, or both.  We pay cash, close whenever you want, and pay all of the closing costs.

 

When you compare our offer with what you actually walk away from the closing table using a Realtor you will be shocked.  If your house is in perfect condition, you want top dollar, and you don’t mind waiting for months then a Realtor will work fine.  If not, sell your home fast to us, don’t list it.

 

If you are even thinking of selling call us today at  806-359-SOLD (7653) or visit us online at Sell My Amarillo Home.

 

Amarillo Home Buyer | Amarillo Real Estate

Tuesday, August 28th, 2012

Usually things slow down as summer draws to an end.  But the last few weeks our phones have been ringing off the hook! Why are people looking for an Amarillo Home Buyer?  And do you REALLY need a realtor?

  1. The Real Estate market for ‘fixer uppers’ is still slow. The market in Amarillo is better now than it has been since 2008.   Nice, pretty houses are selling.  If you have a house that needs work however, it is a completely different story!  The market is flooded with foreclosures.  These are distressed properties that are priced at a discount.  This is your competition if you have a house that needs work.  This segment of the market is very slow.
  1. People are tired of using Realtors. The best Realtor in the world can’t guarantee that your house will sell.  Most Realtors do a good job. It just takes them several months to get your house sold.  Sometimes it is because they are not marketing the property correctly or following up on showings. Other times it has nothing to do with the Realtor.  When you use a Realtor you can count on multiple showings.  Some people don’t want to keep their house neat and clean at all times.  Many Realtors will want you to make repairs before they take on the listing.  For some people this is just not an option.
  1. People can’t afford their property. Many people have no idea just how expensive it can be to own a home.  First you have your house payment, then property taxes (which will be due in January), and then you have insurance.  These are the big three.  But don’t forget about maintenance!  It just flat out costs a lot of money to keep a house up and running.  Things break and need to be repaired.  All of these things add up.

When I get calls from people looking for an Amarillo Home Buyer, I know what they are thinking… They think I am just trying to steal their home.  But that’s just not the case.  I do the combined job of both a Realtor and a General Contractor.  But the big difference is that I am not a Realtor, I am a buyer, and they are a not!  I buy the house, they list it and hope for a buyer.  When you compare my offer with what you would actually walk away with if you were to use a Realtor, you will see that I am actually a pretty aggressive buyer!  Especially if your home needs some work.

So if you need to sell your house fast to an Amarillo Home Buyer, give me a call at 806-359-7653.  Or visit me online at  Amarillo Home Buyer

Sell Your House Fast Without a Realtor | Amarillo TX Real Estate 806-359-7653

Monday, June 13th, 2011

The real estate market in Amarillo TX is kind of like that old grey mare… she ain’t what she used to be!  Now don’t get me wrong, houses are still selling.  But it the market is a little slow and competition is fierce.  We are now approaching a 9 month supply of inventory.  In other words, if no other houses came on the market it would take about 9 months for all of the existing houses on the market to be sold.   The last half of 2010 we were just over a 6 month supply.  The higher that number is the slower you can expect the market to be.  So this brings me to my point.  How can you sell your house fast in this market?  How can you sell it without using a Realtor?

I am probably asked this question at least once every day.  I could go on and on for hours about the mistakes that I see home owners make, but the biggest mistake of all is pricing the house incorrectly.  Many people price their house at what they would like it to be worth, or what it used to be worth, or what their neighbor’s house sold for three years ago.  They rarely take the time to do research.  Pricing a house correctly is a big key to getting it sold.  You have got to get the most you can but you also have to be realistic.  You need to look at market comparables in your neighborhood.  Try to look only at houses that are within 20% of the same size as yours, in the same condition, and that have sold within the last year.  If you price it too high you will miss out on the first 30 days on the market, which is the time that your house will get the most exposure.  Price it aggressively if you want it to sell quickly.  Even if you are just 5% below the rest of the competition your house will stand out.  If you would like more information on this subject visit http://sellmyamarillohouse.com/ or give me a call at 806-359-7653.

If you have a house that you need to sell fast you can also call me and let me make you an offer.  I can close very quickly and I take the house as is, so you don’t have to make any costly repairs.  I would be happy to give you more information.  You can call me at 806-359-7653 or visit me on line at sell your house fast Amarillo

Amarillo Real Estate Investors |Mitchell Property Group Buys Houses! 806-359-7653

Friday, May 13th, 2011

Five years ago today I quit my job and became a full time real estate investor.  I can’t believe how fast those years went by!  It is a lot harder and scarier than most people think.  It is very easy to make a mistake and find yourself out of business!  But I am very blessed to have a sweet wife who has been an amazing partner.  Without her it would have been much more difficult.

When we started out we decided that we were going to work hard and make sure that we always treated people the way we would want to be treated.  We also decided that we wanted to help everyone who called us even if we couldn’t buy their house.  Over the last five years our company Mitchell Property Group has helped a lot of people and made a lot of good friends.  We feel very blessed to live and work in such a great part of the world.

If you need to sell your house fast give us a call.  If you are not sure what to do and would just like some ideas and information give us a call.  We are very easy to work with.  We can buy your house and close in just a few days.  You don’t have to fix anything or clean anything.  We take care of all of the details.  We even pay your closing costs.  We have a lot of references if you want to check us out.  You can visit us online at Mitchell Property Group or better yet, call us today at 806-359-7653.  And to the hundreds of people who have done business with us over the past five years…. THANK YOU!!

Who is Mitchell Property Group? | Amarillo TX Real Estate 806-359-7653

Wednesday, April 27th, 2011

Who is Mitchell Property Group?  We are a local husband and wife team who buy houses in Amarillo TX.  Real Estate is our passion and we really enjoy helping people.  How are we different from other investors?

Well, first of all we are very easy to work with.  We take the time to listen to your questions and make sure that you understand all of your options.  Second, we give you several options to consider.  Contrary to what you may think, we don’t try to convince everyone to sell their house to us.  Some of the houses we look at are in good condition, in a good area, and the owners have plenty of time to wait for it to sell.  In that case listing the house usually makes more sense.  We would love to list it for you.  Emmy is a licensed Real Estate Broker with Key Realty.  She can help you sell it for top dollar to a homeowner.

On the other hand, if you have a house that you need to sell fast, or if your house needs a lot of repairs, we can definitely buy it from you.  We pay all the closing costs and take your house in as is condition.  You don’t need to fix anything or clean anything.  We handle all of the paperwork and take care of all the details.  It is a very easy process.

We can help you with just about any situation that you can think of.  You can check us out online at Mitchell Property Group or better yet you can just call us.  If you need help selling your house give us a call at 806-359-7653.

Sell My Amarillo HouseSell My Amarillo HouseSell My Amarillo HouseSell My Amarillo House

Contact Information

4105 SW 34th St, Amarillo, TX 79109 | 806-359-7653

wade@mitchellpropertygroup.com | emmy@mitchellpropertygroup.com