| Internet and long distance Real Estate transactions
do not need to be risky or a gamble. They are however, when you
are unfamiliar with who you are dealing with. Many, not all, of
the people selling property in the newly discovered and very hot
Buffalo market are not sharing information honestly or accurately.
In many cases very run down and poor neighborhoods are portrayed
as excellent and houses needing several (10 to 25) thousands of
dollars in repairs are said to need minor cosmetic work. I like to
use a numbering system from 1 being the worst to 10 being the best
to rate a neighborhood and the exterior and interior of a home to
avoid not only gross but even minor misrepresentation. I recommend
you hire a realtor or have a friend drive by the house to see it
and the neighborhood. Call the police and a few different
businesses to get an unbiased opinion of the area. And of coarse
if possible fly here, get a tour of the house, area and Buffalo
itself.
THIS IS WHAT SEPARATES ME FROM MOST OF MY COMPETITORS AND MOST IMPORTANTLY OFFERS YOU THE CONFIDENCE IN CONDUCTING A LONG DISTANCE, LARGE INVESTMENT, REAL ESTATE TRANSACTION. 1. I LIVE HERE - Born and raised in Buffalo NY, in the suburb of Tonawanda. I’m in the phone book, have an office here and I am easily accessible. A lot of people selling Buffalo property do not live in Buffalo or just have a local cell phone, just moved here or are here temporarily. Here today gone tomorrow. I have been investing in Buffalo Real Estate for 20 years, 16 of them in a down market and I’m still here. 2. SOLID BUSINESS REPUTATION in the community. People know me and of my company. After 20 years and 800 transactions, over 400 purchases, (approximately 25 internet sales and approx 50 sales from out of state referrals and another 300+ local sales), attorneys, businesspeople and city officials know who I am and are aware of my excellent track record. 3. LICENSED REAL ESTATE AGENT/BROKER for 20 years. Hundreds of realtors know me or have heard of me. As a licensed Broker I am regulated by New York State. 4. INTEGRITY AND HONESTY in every transaction. As stated prior I give full disclosure. If I have been in a house for only 5 minutes and don’t know the age of the furnace I’ll tell you. If it takes longer than usual to rent something (for instance we had a storefront at one point and I told buyers it might take as much as 5 months to rent, it took about 4) I’ll tell you. I will overestimate expenses and underestimate rents so there is no disappointment after the sale. In numerous instances after a sale was closed money was spent at no cost to the buyer to either put in carpet, fix a roof, side a portion of a property, install or fix a furnace or electric system or paint a house. Everything stated here can be backed by testimony of several purchasers. 5. REFERENCE will be provided upon request to speak to purchasers who have purchased property sight unseen only later to travel to Buffalo to see their property and be extremely pleased. These investors have been to my office and home and continue to purchase property. Other local references are available also. I AM NOT INTERESTED IN FLIPPING AS DEFINED BY HOUSING ACTIVISTS. What that means is this: although many of my sales are quick flips where I buy something to resale quickly, this fact in itself is not a negative thing. What is a problem and many activists are up in arms about is when unscrupulous investors sell problem properties, dumping a run down property on an unsuspecting buyer and deception in the information given about value and cost of repairs, quality of neighborhood or projected rental income. You can ALWAYS count on accurate information from me. But you should always still do your homework and ask questions.
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