Realty411 Magazine Featuring Eric Counts, Credit Nerds | Page 34
Here is another point for you to consider. In my business,
it is rare that I go to closings anymore since the whole
closing process is outsourced. The funds from the closing
are directly wired to an account for us so we get paid right
away.
If I do go to a closing, I don’t go at the same time as the
buyers. I usually go right after they are done with all their
paperwork. The paperwork on a closing for a buyer is fairly
time consuming and needs to be explained to the buyer by
the title agent. I don’t like sitting at closings for an hour or
more until I need to sign my documents. If you have done
your due diligence and followed all the steps in the closing
process, there isn’t really anything that can go wrong at the
last minute, so breath easy but expect the worst.
Then when you get through the closing, cash your check
or make sure your wire has arrived and go to dinner to
celebrate!! For more information on Real Estate Investing
tools and Marketing to Find Motivated Sellers, Buyers and
Lenders visit Kathy Kennebrook’s website at
www.marketingmagiclady.com. While you are there sign
up for the free Monthly Newsletter and receive $149.00 in
real estate investing tools absolutely FREE!
"Check the numbers! If there is a Realtor fee involved make sure the percentages are correct.
Check the pro rated amounts you are being charged for property taxes or association fees. When
you close on a property during the year, say in June and property taxes are due in October; you
have to reimburse the buyer for the property taxes from January until the closing date in June
since they didn’t own the property during that time period. The same would go for any
association fees there might be. You will have to reimburse the buyer for the period during the
month that they did not own the property. Double check to make sure these figure are correct."
Kathy Kennebrook
Kathy Kennebrook
Kathy Kennebrook is the
ultimate success story. She spent
over 20 years in the banking
industry before discovering the
world of real estate. After
attending some real estate
seminars this 4 foot 11 mother of
two got really excited and before
you know it she’d bought and sold hundreds of properties
using none of her own money or credit.
Kathy holds a degree in finance and has coauthored the
books The Venus Approach to Real Estate Investing,
Walking With the Wise Real Estate Investor, and Walking
With the Wise Entrepreneur which also includes real estate
experts Suze Orman, Robert Kiyosaki, and Dr. Wayne Dyer.
She is the nation’s leading expert at finding highly
qualified, motivated sellers, buyers and lenders using many
types of direct mail marketing. She is known throughout the
United States and Canada as the Marketing Magic Lady.
She has put together a simple stepbystep system that
anyone can follow to duplicate her success.
Kathy has been speaking throughout the country and
across Canada for over 14 years and has shared the stage
with Ron LeGrand, Dr. Phil, Dan Kennedy, Mark Victor
Hansen, Ted Thomas and Suze Orman to name a few.
Kathy is going to share with you how she generates a
seven figure income by mailing a handful of letters
throughout the year to highly selected targets by knowing
exactly what to send them, who to send them to and exactly
how to deliver her message. She will teach you the secrets of
prescreening and automating your marketing and follow up
systems to put your entire Real Estate business on autopilot.
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