OK, so we know this is a bit harsh but if someone approaches you and says anything close to the following:
“I’m an Investor and I can help you – It can be a win – win for both of us”)
Be Very careful… EVEN RUN…
This scenario plays out on a daily basis. The number one thing to know/remember, is your mortgage is in your name not theirs. This is an important strategy for them. Overall these investors are at your door to make money for themselves, NOT YOU. They have went to seminar after seminar (you have heard about them on TV and the radio) to find out how to find you (people in distress) and find out how to get rich quick. Do not fall for their tactics. They have been taught what to say and how to say things from these seminars. They prey upon your emotions and financial hardship.
Here are just a few of the offers/tactics:
● “just deed your property to me/us and we will handle everything for you”.
● “Sell it to me/us and you can stay in your property and rent from us. We will pay the mortgage”
● “Deed the property to me/us and we will do a short sale through your Bank/Lender for you”
There are many more scenarios/offers they make to you. We know they do sound appealing at the time.
Our suggestion is stay as far away from these “Investors” as you can.