(PRWEB) April 27, 2014
Selling a Tampa Bay home where the value has fallen below the balance of the mortgage became easier and more rewarding yesterday when Advanced Realty Team announced its new “Under Water, Over Water” home buying special.
“We have offered to pay cash for homes in foreclosure and under water for some time now,” said George Beardsley, broker-president of Advanced. “What we have added is that we will now give the seller two tickets for a cruise in an ocean-view state room,” he said.
Advanced Realty Team is a real estate boutique that actually buys houses quickly and charges no real estate commission. Most brokerage firms “list” a house and charge a commission when a third party buys the house.
“And of course conditions apply,” Beardsley said.
“In the pilot program, we will only be buying houses in north Pinellas and southwest Pasco counties,’ he said. The houses also must be in reasonably good condition and early in the foreclosure process,” he said.
ABOUT ADVANCED REALTY TEAM
George and Maryan Beardsley, two former stock brokers, founded Advanced in 1996 after spending several years working for a national franchise real estate firm and gradually doing a larger portion of their business buying and selling homes for themselves and financing sales for other Realtors. They entered the real estate business the hard way, owing a home in Boca Raton Florida within a mile of the site for a planned garbage burning incinerator.
The Realtor they hired suggested owner financing which Maryan and George said sounded “stupid and scary.” But having little choice they sold and held the mortgage and the more they learned about creative financing, the more it seemed to be an important tool, especially when it is difficult to sell houses.
Eventually the buyer of their home refinanced and the Beardsleys received the full amount of cash for the sale, at top price and during a period when no one had been able to sell. “That really got our attention and we left stocks, commodities and bonds for real estate,” George said. The firm offers a number of ways of buying houses fast and lately has been offering affordable homes programs, using homes bought as rentals and rent to own homes.
George Beardsley holds the U.S. Patent Office Trade Mark for the Famous Rent to Own on Steroids Program™ where all rent paid in the entire first year becomes down payment and the tenant-buyer can earn a mortgage by making 12 consecutive monthly payments on time and maintaining the home as though they already owned it. This program has been modified to be Dodd-Frank compliant.
In the last year, the firm has added a Internet marketing division. Advanced also offers a service for local merchants where they guarantee the local firms’ website will be on the first page of Google.