Guys ,
Thanks for your valuable inputs .
I intend to request the moderators to make this sticky . For common benefit and as expressed by Kabutar12 , I have amended the original post and subject to include Realtors also .
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Fido.
Kabutar12 / Others ,
Could you recommend some good inspectors / lawyers / realtors you ve come across .. OR .. could CD s pm you for the same ?
Obviously a personal experience just means that you had a good experience with the person / have heard good about him/her and this is not binding on any one . Just personal opinion per se .
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Fido.
I thought U R Against Advertise on this forum ???
"Could you recommend some good inspectors / lawyers / realtors you ve come across .. OR .. could CD s pm you for the same ? "
just kidding---we all need each others help
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
Sure.
Realtor: Roland Gronenberg (http://rolandshomes.com/about_me.asp)
Home inspector: Steve (http://www.hshinspection.com/)
Lawyer: Gina Ceci (http://www.getlawyer.ca/CECI+Gina--Brampton--lawyer/)
Happy house hunting.
The best team work example:
How do agents, attorneys, mortgage brokers, appraiser and bank employees work as a team ?
Some of the people who organized or participated in flips were considered leaders of their profession. One was recognized as one of the top 50 Re/Max real estate agents in the world. Another won multiple awards from the Mortgage Bankers Association of Florida. Some flippers identified by the Herald-Tribune were seen as key clients by local banks and were allowed to pick their own appraisers or had loan approvals expedited to quickly close deals.
http://www.heraldtribune.com/section/SPECIAL30
http://www.heraldtribune.com/article/20090721/ARTICLE/907211055
Instead of selling properties to outside buyers, he created a real estate market where his hand-picked buyers and sellers could set the price they wanted, and repeated flips made Adams hundreds of thousands of dollars in real estate sales commissions.
In some cases, Adams and his associates bought a house, marked up the price and quickly sold it to another associate for more than it was worth. Using the inflated sale price, they qualified for a mortgage that more than covered the actual purchase, then divided the remaining cash among themselves, according to seven people familiar with the deals.
Today the deals by Adams and his associates have resulted in nearly $100 million in mortgage defaults. Twenty of Adams' associates have filed for bankruptcy or gone into foreclosure. Adams himself has defaulted on more than $17 million in mortgages.
Adams has moved from Sarasota and is working with a Lakeland attorney to help cash-strapped borrowers avoid foreclosure by organizing short sales. He has not been charged with any crime. Citing pending litigation, he declined to comment for this story.
Finally, the MLS review found 13 transactions where no real estate agent is listed. In those deals, the real estate agency involved is Re/Max Properties or Paradigm Group -- the companies where Adams worked at the time of the sales. Although Re/Max had dozens of other agents, Paradigm Realty was owned by Adams and only a few agents worked there.
Starting in 1997, Adams began orchestrating sales among his associates and quickly developed a reputation for deals that always made money. In 2004, Adams was named one of the top 50 Re/Max real estate agents in the world.
He could not have done it alone.
Adams relied heavily on a regular group of investors to generate sales. Sometimes a property was flipped several times among the group, each time generating thousands of dollars in sales commissions for Adams.
Jonathan Glucker, a mortgage broker who once worked at CTX Mortgage and won multiple awards from the Mortgage Bankers Association of Florida. Glucker socialized with Adams and helped him get financing on some real estate deals, according to Hester, the Siesta Key financier who provided dozens of loans to Adams and his associates over the years. Deed records show that Glucker bought and sold at least six properties with Adams or his associates. Glucker did not return several calls seeking comment.
Heather Kabobel, Glucker's wife and a real estate appraiser. Kabobel was involved in two transactions with Adams. She also provided the appraisal for at least one mortgage for Adams, according to Hester. Kabobel did not return calls seeking comment.
Steven Wexler, a fixture on the Sarasota real estate scene for more than two decades. Wexler started Waterside Property Sales and built it into a 65-person firm specializing in Longboat Key before selling the company in 1998.
Deed records show he participated in at least nine deals with Adams and his associates. Wexler would not comment.
Rich Bobka, a real estate agent who worked with Adams at Re/Max and Paradigm Group. He was involved in five deals with Adams or his associates and went on to flip properties with his own buyers, including his brother and his sister-in-law. Bobka and his family members eventually defaulted on more than 20 loans.
Quote:
Originally posted by Blue_Peafowl
I thought U R Against Advertise on this forum ???
"Could you recommend some good inspectors / lawyers / realtors you ve come across .. OR .. could CD s pm you for the same ? "
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Fido.
Quote:
Originally posted by kabutar12
Sure.
Realtor: Roland Gronenberg (http://rolandshomes.com/about_me.asp)
Home inspector: Steve (http://www.hshinspection.com/)
Lawyer: Gina Ceci (http://www.getlawyer.ca/CECI+Gina--Brampton--lawyer/)
Happy house hunting.
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Fido.
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