Saving a Home from Foreclosure With Creative Finance
ฝัง
- เผยแพร่เมื่อ 10 ส.ค. 2022
- Can you really save a home from foreclosure with creative finance? (Ignore the funny hat because this is serious stuff!) We’ve saved hundreds of homes from foreclosure and taught hundreds more people how to actually save their own home from foreclosure! Watch this short video to see how to make this happen…
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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a TH-cam video for entertainment purposes ONLY ❎
I can feel the pain in this poor woman's voice. This is what real investors do is create win win scenarios. Great job Pace
Thank you brotha!
Almost teared up a lil 😅 ive sold final expense life insurance and ive gotten a lot stories . Remember gratitude !!
Thank Pace fir another great lesson!!!😢
The question is, where do you get that money that the owner owed? Cash ir hard money loan?
Man, thanks for helping this women. This broke my heart, my mom is dealing with the same thing as far as my dad's health. May be the first time I ever got teary eyed watching a Pace Morby video lol.
That poor lady. Amazing how we can help people out. Now she can go on with her life. Great educational call
Thanks Benny!
@@PaceMorby aaa
This is what I want to do - is help people just like this! It's an amazing feeling! Kudos Pace
It really does feel amazing!
Great call. Interested to see the breakdown of upfront repairs to get rent ready and make up the $70k.
I love how Pace connects with sellers emotionally, it’s inspiring👏
Thank you
This was very valuable and taught me that the key is to help find people to help and you’ll find deal!!
Marquelle. Glad you found value and learned from this.
About started crying listening to her. Glad you were able to help.
I do what I do because of folks like her. Thanks for watching Chad.
This brings me to tears. She’s trusted him and he’s leaving her with all this pain. So sorry for to her. 🥺😔😞😓😟🙁
You both were so awesome with this lady
Pace, awesome clip. SUGGESTION: edit out the audio at the end when she gives you her email address…
Jacob. Thanks for your suggestion.
This is a very motivating case. Me and my wife start calling today. All the information thats come from your videos and content we are very grateful for you sharing these life calls with everyone.
Lionel. That's great and happy to know this video helped you and you're wife!
update?
Man .. this is probably one of the best videos I’ve seen on TH-cam. Great job Pace 💯
Pace you and your team are so wonderful and helpful and caring for people that need help I love you guys and thank you for all that you do and I truly hope in the near future I can be a part of your community and learn your teachings and be able to help others as well thank you again and God bless
Hey Anthony! Thank you for your kind words. We're ready for you, be a part of our community of over 50,000+ investors on the free Facebook group! shor.by/Si74 Join now and make a post bro!
you guys are awesome helping this poor old lady and safe her and her husband's lifes,I can feel that pain and experience it what you guys are doing,so increditable....
i sleep eat and breath on the information pace is putting out! I play your videos day and night. you're amazing pace thank you for all of your knowledge.
Amazing....luv how authentic your team is... Blessings....🙏🙏
That was fantastic, love the way both of you spoke with, making sure she new you were helping her. God bless you
Absolutely love how you showed compassion for this woman and solved her problem!! Excellent call 🙏❤
Thanks Pace, a story to tell our foreclosure seller leads.
I love you guy’s because she truly needed help. That’s what wholesaling and investor should be doing because you will have so many clients helping people that believe there’s no way out that’s great
I always feel so bad when I hear the voice of people in foreclosure. It just gives me the feeling people in general deserve so much better in life.
Couldn't have said it better myself
Now this is what its all about!! 💯💯💯. She really needed your guy's help
I was in a situation once with my home that I built and ended up partnering with an investor that did a novation with me, that led to my Real Estate journey and Pace Morby and I couldn't be more thankful.
This is the reason I signed up for paces course he doesn't just talk the talk, he walks the walk great job well done sir 👏, real talk!!
Pace, u r great at summarizing and seeing the pain and address it with sensitivity. Ty for sharing
I appreciate that!
What an incredible call. I can feel the pain in her voice and the relief knowing you’re curing her problem.
Would you at some point be able breakdown the numbers and how you’re making this deal profitable for you? Are you flipping it? Renting it? Airbnb? Etc. Sounds like the property needs work, $2,500 mortgage payments (does that include taxes & insurance?), over $70k up front to catch up the payments, etc. Spill the beans! 😉
Brandon. Thank you. I might talk about this deal on a future Sunday Service episode. Stay tuned!
@@PaceMorby That would be awesome. Thanks Pace!
Just curious if you could direct me to the Sunday service where you touch back about this property. I also have some of the same questions as Brandon. Thank a lot @PaceMorby ! Loving you videos
Robyn did great as well and was so gentle with her. 💛
This is awesome Pace! I was about to grow weary, but this video gave me the push to keep going!
Go for it!
Just what I need....Love this!❤
HEARTBREAKING! I'm so glad you were able to help!! :)
Wow Robin. So impressive
That was so heart warming. That poor lady.
Learned a lot from this call. Thank you!
Thanks much for sharing this, very informative in what to say and how to be kind and caring to people who are in thee situations. Excellent appreciate this one.
THANK YOU
Yes I Completely agree. I am nearly there so I understand this lady’s position in life my wife and I have been through two sets of parents and then I lost my wife shortly after to Cancer.
Well that hit me in the feels pace
Good job Pace, she really needed help. ❤❤❤
Heartwrenching! Good Job!!!!
Amazed and blessed to be connected
Holy moly! You guys are unbelievable. I am so glad for TH-cam, if i hadn't browse through it one early morning a couple weeks ago? I would have miss out on a legit ethicle Real guru! (PACE & COMMUNITY) Pace you are really a genuine type of person. You're the 1st person that gives real live examples for all of us that you don't even know. AWESOME AWESOME and RIGHT ON! Alot of Add pop ups are always trying to sign up people 1st, before giving any real value. Never thought that there is still good people out there that gives and really don't expect anything in return. Your heart is very very rare!!! (SERIOUSLY RARE). I can honestly say that i have learned more from you and for free, then all the courses i bought over a 10 to i think 15 year span. Unbelievable. I am sure im (not speaking for only my self), but for others too. YOU are the best thing TH-cam and Facebook ever advertised! THANK GOD!!! fyi, can't wait for my strategy call coming up in a few days from now. ALOHA, Frank....
Listen closely to people and they will bond, share and allow for a win win for all parties ❤
Hello Pace! Enjoying the content...Hey, what about HOA's? Do you even deal with them? Learning all the different stuff that can actually be done with a piece of property has been amazing. Thanks!
My Heart!!! You guys are amazing!
Can there not be some money given to her, as a surprise?
Please edit her email out of this
Great help for this couple.
Thanks Neville!
We love you Pace😀👍
Awesome call .. Hopefully the lady is doing well today..
This call was worth more than a training. Pace's ability to listen and answer appropriately was terrific. Can you please elaborate on why you didn't entertain renting the place back to her? What have you valued this property for to still make it a deal with 71K(past due) +233K (mortgage balance )+ repair costs?
Glad you took some value from this! Real estate is the long game, so as time goes on and rent goes up, I will continue to cash flow and balances will be paid off
God bless that lady she is really going through it...I feel really bad for. Just a reminder father time catches us all.
New to your Content this is Awesome, be the change you want to see!!
I'm going to use that appointment question "Is there a time that doesn't work for you?" Seems like it would throw them off guard.
Great video thank you for sharing with us
You're welcome Carlos!
I had a similar house I found like this and in trying to work with the mortgage company on it they would only renegotiate the interest and create a new payment at current rates. It didn’t work to keep the original payment and interest. Had to let it go to auction.
did you try any subto strategies that would have worked???
Pace, I'm in New Orleans. If you need "boots on the ground" in my area don't hesitate. Thanks for all the great content. ✌️
Awesome thank you!
This was a great video and really genuine. I would have liked to know a little bit more about the numbers on the house though like what you think it rents for and how you knew while on the phone that It was a deal worth while.
Zayne. Appreciate your feedback.
Woooow. Glad pace was able to help her. Who was "scott" she kept referring to? Did i miss that part?
This was great!! She needed you to give her hope and you did!! (You need to mute her email address I would make my gma change hers if it were broadcast. Luckily most of the people that follow you have a good heart and mind. with exception of TJ I see trolling on some of the video chats.)
Thank you for these. 🙏
My pleasure!
Thanks for the video! It really did feel like helping. I am curious what the numbers were, how much of a bailout vs cash flow. That 71k in arrears seemed pretty huge! Side note-- don't love that we doxxed her email for every yahoo on the internet. 😅
That's what I came on to say about her email not being bleeped out. Everything else I sooo appreciate!
Wow I feel bad for her. Y’all are real professionals
In this situation to get the $70k are you using gator Lending to then refi out or putting another lender in second position?
May God bless you; Pace is such a blessing to see your obedience in your ministry.
You're a light to those of us that are part of the SubTo community
-_-
Maritza. Thank you. 🙏 I appreciate you so much.
this was so sincere and fantastic
i can tell Pace REALLY desires to help not just get a check
How did you resolved the foreclosure in time? Thanks
This was Amazing 👏
Great learning experience
Pace and Robyn are good people.
Thank you! I appreciate that.
The Hat!!! Love it
Great Video!
That cowboy hat and shirt actually work for Pace ✌🏻
Johnnie. Thanks man!
Damn, poor old lady. I always wish I could just help these people.
Thanks Pace for all the GOLD you share! Lets GO
Any time Rudy!
Yo Pace I been just eating up info from you Cody and Jeremy and I’m just hyped man I’m joining subto I literally can’t wait for my first dealS ...and I mean with a S I’m not hungry I freaking STARVING for my first dealS let’s GO
Hey J! Amazing. My mentorship is sold out but we opened a few spots up in some cities. Check if there's a slot available in yours. go.subto.com/pace-yt
Dam good job on this video
How do you present it at the very beginning of the call that your calling them to see if they want to sell because there in foreclosure? Obviously it can really help them and the situation, but i've had quite a few people already mad before I even get the the point of asking if they're interested in selling lol.
Hey Pace, I have a potential pre-foreclosure seller finance deal. If I don't have the funds to catch up their mortgage payment I need to "JV" with cash buyer?
Man i need that hat !
PACE = 🐐
I'm gonna join sub 2 just for that hat..and to help as many people as I can
Hey German! Hope to see you inside the mentorship helping out other people bro.
I would love to learn how to do this ..I dream all the time about houses owning a bigger one and making money off investment properties
Really good video
Hey pace I have a close to similar deal. Could you give me any kind of guidance?
I’m just curious on what the ARV of this home was
This is great
Quick question, what would be the process of paying off the $71k? Im assuming from a lender of some sort, but if so then how would we pay off the $71k ? Would that be part of and on top of the monthly payment of $1,518.62? Trying to fully understand
I believe he pays the 71k as a sort of down payment to pay off her delinquency, then just takes over the remaining mortgage. Sounds like a good location, I wonder if he turned into an airbnb or flipped it or what.
That’s awesome that you were able to help that couple with their home!
I would have preferred not to hear her name and the city she lives in and her email address on the video, tho. Seems like too much giving away private info.
Yeah, that email needs to be bleeped out.
Love the hat Pace
Thanks Melissa!
How is a homeowner able to remain in a house for years without making a payment? I thought the max was 360 days (180 day initial forbearance period plus an additional 180 days if requested). Clearly, I am wrong.
Beautiful
Thank you!
Boom!!!
What if you don’t have the 70k to catch up ? What can you do to still get the deal. Please need help
Private money lender
So I heard that she would have preferred to rent back the property as the rent she was currently staying was higher than her mortgage payments. So did she get to stay in the home? Would that be an option?
He never answered her so I doubt it. But also, what about the equity she has in the house? She should have gotten something from that.
Good point. What did they say was the amount of equity remaining after payments caught up?@@conniesantana4854
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I would ask her where in Kentucky that she wants to move to and then see if you can get something that you can get her in as a rent to own.
I would try to help her.
You can invest in a property and get someone to rent it or rent to own.
What are the legal rights of other debtors that are owed money? I.e. can they have claim on the house to be sold so that their debts can be paid? And hence come after you once you have transfered the deed?
If you head over to my Facebook Group - paceapproves.com/communityfbc and ask this same question, I bet you'll get a lot of feedback. We have over 90k+ people in that group and my Mastermind Subto Students who I mentor are in there helping out.
How would you have gone about this deal if you had 0 dollars to put into the deal?
I have a friend that her home is about to be foreclosed. Can you help her? Is there an email she can reach you on?
So you have to foot the bill on the 70k amount they are behind right off the top.
Could you remove the email address that was on the did you?
Love the straw cowboy hat!
Frank. Thanks bro!