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Last Ditch Effort to Find Investors (09/04/08)
 
 
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       My home on the golf course is going back in foreclosure in about thirty (30) days. That is not much time to do anything about saving the house. Of course, I have been trying to come up with some way of saving the house ever since I stopped making mortgage payments in November of 2007 (almost a year ago). Out of desperation, I am going to hand out fliers at the next real estate auction - hopefully over this coming weekend. Surely, there is an auction somewhere this weekend in the area.

          The brochure is really just a one page ad with a picture of the house, a header that says "Investment Partnership", details on the deal and contact information. In large print, I have "$100,000 Buys Partial Ownership Interest". I would need about ten (10) investors with that much money, but I had to put some number; and I did not want to go below $100,000 and have to worry about getting too many investors although I am not opposed to that.

          Hopefully, this will garner some sort of interest. After all, the people who go to these real estate auctions are looking for deals on real estate and they have money. I need to go where the money is, and this is my best bet in the current market. Now, I just have to find where the next auctions are; and I have to print out these fliers.

          I have already emailed the fliers to several local real estate agents whom I have worked with in the past. I have asked them for leads to auctions and to email out my flier to any potential investors that they have. I need to post this on CraigsList.com as well. I will do that tonight. If you have ideas about this latest real estate effort, email them to me (Noah@ShortOnChange.com) or post them as a comment. Do it fast, too, as I do not have a lot of time before the foreclosure sale date.

          Thanks.

          Here is the link to the flier (Flier).

          Click for Larger Image
         

          Here is the link to the post on CraigsList.com:
          (http://pensacola.craigslist.org/reo/828009021.html)

 


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