MMI™ Method
(Maintaining Market Integrity Method)
"You can never solve a problem on the level on which it was created”
Albert Einstein
The issues facing nearly everyone involved in selling a piece of property are universal. Every seller wants to receive optimum price sometimes in spite of market realities. Well, Albert Einstein is correct in his observation of the necessary approach to solving a problem. Typical sales strategies will not work any longer, especially in a soft economy or recession where property values seem to be sliding downwards.
But the following methodology we are about to share with you has been at the root of hundreds of millions of dollars in sales of real estate both with and without the use of a Realtor®. Your hard working real estate agent isn’t really to blame. The true culprit is a devious character known as the status quo. The majority of people when selling any item of value rarely count on the facts, because of their emotional attachment to the very item they are seeking to sell, move or liquidate. So rather than actively seek alternative solutions they fall back on outdated paradigms and approaches which in our humble opinion is at the root of the large inventory of unsold homes.
It’s time to entertain a better method for getting the job done...
The MMI™ Method
Our observation of nearly one thousand real estate transactions uncovered a very simple truth about the sale of not just real estate, but any asset, and that truth is “Seller Financing Sells Anything Fast”.Although this isn’t a new concept, what we did was combine seller financing strategies with our proven model for acquiring the private mortgage or seller financing put in place when the property was sold.
Simply put, we assist a seller & their realtor® with the necessary requirements to create a note/seller financing instrument and then make arrangement to purchase the note after seasoning (roughly 3 months of payments) which at that time we take the note off the note holder/seller’s hands.
Get An Instant Offer For your Note or Property
We noticed that what was lost on a majority of sellers whether they are condo associations, coop boards or a private seller is that you don’t have to lower the price to make the sale. You need only convert the real estate transaction into a people benefit process. Take a few moments to consider all the people involved in the deal and work backwards from the successful closing.
Contrary to what the buying public may believe, banks actually want or should I say need to make loans. However since they are risk averse by design, any seeker of capital from a bank has to present an application which lowers the risk. Your credit score/FICO score does this in numerical fashion.
So how do we lower the risk for the lending institution yet make it reasonable for the buyer to win as well?
Take a look at the following example which outlines the sequence of events involved in our MMI Method:
Let’s say a 2 bed room post world War II condo unit is being offered for $1 Million Dollars in NYC while next door their a new coop being built a block away for the same price and amenities being offered by you or your Realtor®
We meet with the seller and offer them a true win-win scenario that most likely will be accepted by the buyer as well. That scenario being the sale remain at $1 Million Dollars but offer seller financed note with the following terms (1st mortgage from the bank for $650,000 and a second private mortgage for $350,000 at a fixed thirty year rate with a balloon payable in 60 months) focusing on the people benefits.
The buyer accepts the terms and moves to close within an agreed upon schedule
We enter into a contract with the seller who is holding the note and buy the note from them in 90-120 days thereby relieving them of the burden of collecting payments as that is now our legal responsibility. (The seller is absolved of any legal implications as the result of the mortgage sale)
Market Integrity/FMV sale of $1 Million Dollars is recorded thereby maintaining the integrity of the area or appreciation for other property owners.
There are hundreds of applications to our method as we are interested in purchasing most types of notes, payments, cash flow, notes, debt, etc.
As our company slogan states:
“If it’s a good investment we’ll buy it”
If you have a property that you are looking to sell fast and just don’t know how to do it we can help. We will work with just about anyone who has a serious offer to submit. Contact us today!
To learn more about the USA Closers Difference visit our FAQs, About Us or Solutions areas.
We look forward to serving you in the near future.
Sincerely,
USA Closers Investment Team
