Negative Equity

hardtimes

http://www.northernirelandhousebuyers.co.uk/
Anyone know anything about this outfit? A neighbour is thinking of calling regarding a buy to let property he has that is in neg. equity. I told him they are probably the same as usual cash buyer ads. Low offer then when about to sign contract another low offer.

motorguy

hardtimes wrote: »

http://www.northernirelandhousebuyers.co.uk/
Anyone know anything about this outfit? A neighbour is thinking of calling regarding a buy to let property he has that is in neg. equity. I told him they are probably the same as usual cash buyer ads. Low offer then when about to sign contract another low offer.

IF they actually do buy your house, its going to be at considerably less than market value.

How would that help your neighbour with negative equity?

hardtimes

motorguy wrote: »

IF they actually do buy your house, its going to be at considerably less than market value.

How would that help your neighbour with negative equity?

This is what he is going to call about.

Allows you to sell your property at market or above market sale price
Allows you to find a buyer for your property in 1/10th of the time it takes to get a buyer the traditional way
Delivers you a chunk of cash up front, a monthly cash flow, and a back end profit
Allows you to make more money by in essence becoming the bank, allowing buyers to pay you a monthly payment instead of the bank
Is the best solution for selling at a price you want, but earning a monthly cash flow, whilst having NO out of pocket expenses, no maintenance costs, no mortgage payments, no void periods, no refurbishment costs, and none of the bad stuff associated with renting.
Is the best way of selling property in negative equity, as we specialise in this
Is great if you want to hedge against poorly performing property yields with almost definite rising interest rates to come!!

motorguy

hardtimes wrote: »

This is what he is going to call about.

Allows you to sell your property at market or above market sale price
Allows you to find a buyer for your property in 1/10th of the time it takes to get a buyer the traditional way
Delivers you a chunk of cash up front, a monthly cash flow, and a back end profit
Allows you to make more money by in essence becoming the bank, allowing buyers to pay you a monthly payment instead of the bank
Is the best solution for selling at a price you want, but earning a monthly cash flow, whilst having NO out of pocket expenses, no maintenance costs, no mortgage payments, no void periods, no refurbishment costs, and none of the bad stuff associated with renting.
Is the best way of selling property in negative equity, as we specialise in this
Is great if you want to hedge against poorly performing property yields with almost definite rising interest rates to come!!

I can see why he wants to explore it further, however the old caveat springs to mind - if it seems too good to be true...

tommie

Looks like the same crew as `sellinaclik` !! Contact number identical.

https://www.facebook.com/sellinaclick/info?tab=overview

oldhand

Do they know something the rest of us dont? "sell in a tenth of the time" yeah right,and at market price or above?Reminds me of puutting a car in paper for sale and I had 3 phone calls from people who told me they had "customers waiting" for just such a car as mine,all I had to do was pay a fee and all sorted.I didnt but read of many who did and of course customers never showed up.....

qwert_yuiop

hardtimes wrote: »

This is what he is going to call about.

Allows you to sell your property at market or above market sale price
Allows you to find a buyer for your property in 1/10th of the time it takes to get a buyer the traditional way
Delivers you a chunk of cash up front, a monthly cash flow, and a back end profit
Allows you to make more money by in essence becoming the bank, allowing buyers to pay you a monthly payment instead of the bank
Is the best solution for selling at a price you want, but earning a monthly cash flow, whilst having NO out of pocket expenses, no maintenance costs, no mortgage payments, no void periods, no refurbishment costs, and none of the bad stuff associated with renting.
Is the best way of selling property in negative equity, as we specialise in this
Is great if you want to hedge against poorly performing property yields with almost definite rising interest rates to come!!

Are you on commission?

motorguy

hardtimes wrote: »

http://www.northernirelandhousebuyers.co.uk/
Anyone know anything about this outfit? A neighbour is thinking of calling regarding a buy to let property he has that is in neg. equity. I told him they are probably the same as usual cash buyer ads. Low offer then when about to sign contract another low offer.

website registrant details.

http://www.nominet.uk/whois/?query=northernirelandhousebuyers.co.uk#whois-results

michael smith

Registrant type:
UK Individual

Registrant's address:
1
Mill lane
Portstewart
Uk
BT55 7RB
United Kingdom

Business Registered to this address...

SRE DEVELOPMENTS LTD, PORTSTEWART

OFFICIAL NAME
SRE DEVELOPMENTS (NI) LTD
REG. OFFICE ADDRESS
1 MILL LANE, BT55 7RB, PORTSTEWART, Londonderry Northern Ireland
COMPANY NUMBER
NI052062
SIC CODE
68100 - Buying and selling of own real estate
DATE OF INCORPORATION
14 Oct 2004
COMPANY TYPE
Private Limited Company

Receiver appointed by companies house to this company...

https://beta.companieshouse.gov.uk/company/NI052062/insolvency

Notice to strike company off....

https://beta.companieshouse.gov.uk/company/NI052062/filing-history

Michael Smith listed as a director of above said company...

https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/iycZiEmAh4HrA0O8LJpxNSiY6W7LsfLCraSivAiqM_8/application-pdf?AWSAccessKeyId=ASIAJ4SLNFAIFUGWG7PA&Expires=1450003868&Signature=uYc1axk7JEP4hNM8XW1E4pvVzFY%3D&x-amz-security-token=AQoDYXdzEBIa4ANzhB5OiZ0YnybCGcwOfoLJggNPu8r04oAJxPQzXfcLXPkir7MoEcTPEQNsZ9F5pJvcbpmqPYioSn%2BaU7sIXWIT%2BQUqF6KRpLaZSVpa3C4LlJj7aMNdtfBWHTZr4rST2m8MH7Mkv49gaEgwpR8QBnvCVPS5itvIE%2BS4oIJUt%2FJLTe0ivrUlwx6LfyYlUvswcA2ZRC%2Bm08utZwgiFvkkm6%2BzoIB8smsuabmmbu9V0WJF3Wn5i670Ix0l8sYLnCC3WLhFRHxTbKcQoTnKo5WORiLs8AyzlxcoF8icphneLXaFP9Kaspqy9NqGme9aGw%2BgRyxXtXxmpJByyP8B%2Fa5H2RM1TRtgJ10wJMdLHR%2F6n4n43HIiO0N04Cwq06mTF3P0cJSdbq04owKzTVgIFlx0UrZFYda6ePjgtQCwy7I2n4F37Zq9GTiM3y%2Frm9NHOBgVJq82wrUyTdNH7zFpR%2BOfIEAru3IYNeH24Vq%2Fn1a4zSj164b87yWoTyfTawnrQ%2FXgUNH5qiw%2BrU9yLYyW%2F1AjMHC7CxT0hiDrJMoBrjuWtZ4kX59dy%2BB6tRS8InnHt47uiWX%2Bap5y8kMEwpjy3g6nEmOaXO6F1gDaSaho%2BzNnnd0agPGRrgv6AYrZK7Nqp11qtP4gx%2Bq0swU%3D

Not sure i'd want to be getting involved....

hardtimes

motorguy wrote: »

website registrant details.

http://www.nominet.uk/whois/?query=northernirelandhousebuyers.co.uk#whois-results

michael smith

Registrant type:
UK Individual

Registrant's address:
1
Mill lane
Portstewart
Uk
BT55 7RB
United Kingdom

Business Registered to this address...

SRE DEVELOPMENTS LTD, PORTSTEWART

OFFICIAL NAME
SRE DEVELOPMENTS (NI) LTD
REG. OFFICE ADDRESS
1 MILL LANE, BT55 7RB, PORTSTEWART, Londonderry Northern Ireland
COMPANY NUMBER
NI052062
SIC CODE
68100 - Buying and selling of own real estate
DATE OF INCORPORATION
14 Oct 2004
COMPANY TYPE
Private Limited Company

Receiver appointed by companies house to this company...

https://beta.companieshouse.gov.uk/company/NI052062/insolvency

Notice to strike company off....

https://beta.companieshouse.gov.uk/company/NI052062/filing-history

Michael Smith listed as a director of above said company...

https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/iycZiEmAh4HrA0O8LJpxNSiY6W7LsfLCraSivAiqM_8/application-pdf?AWSAccessKeyId=ASIAJ4SLNFAIFUGWG7PA&Expires=1450003868&Signature=uYc1axk7JEP4hNM8XW1E4pvVzFY%3D&x-amz-security-token=AQoDYXdzEBIa4ANzhB5OiZ0YnybCGcwOfoLJggNPu8r04oAJxPQzXfcLXPkir7MoEcTPEQNsZ9F5pJvcbpmqPYioSn%2BaU7sIXWIT%2BQUqF6KRpLaZSVpa3C4LlJj7aMNdtfBWHTZr4rST2m8MH7Mkv49gaEgwpR8QBnvCVPS5itvIE%2BS4oIJUt%2FJLTe0ivrUlwx6LfyYlUvswcA2ZRC%2Bm08utZwgiFvkkm6%2BzoIB8smsuabmmbu9V0WJF3Wn5i670Ix0l8sYLnCC3WLhFRHxTbKcQoTnKo5WORiLs8AyzlxcoF8icphneLXaFP9Kaspqy9NqGme9aGw%2BgRyxXtXxmpJByyP8B%2Fa5H2RM1TRtgJ10wJMdLHR%2F6n4n43HIiO0N04Cwq06mTF3P0cJSdbq04owKzTVgIFlx0UrZFYda6ePjgtQCwy7I2n4F37Zq9GTiM3y%2Frm9NHOBgVJq82wrUyTdNH7zFpR%2BOfIEAru3IYNeH24Vq%2Fn1a4zSj164b87yWoTyfTawnrQ%2FXgUNH5qiw%2BrU9yLYyW%2F1AjMHC7CxT0hiDrJMoBrjuWtZ4kX59dy%2BB6tRS8InnHt47uiWX%2Bap5y8kMEwpjy3g6nEmOaXO6F1gDaSaho%2BzNnnd0agPGRrgv6AYrZK7Nqp11qtP4gx%2Bq0swU%3D

Not sure i'd want to be getting involved....

Cheers for that info. Maybe now he'll believe me to avoid

qwert_yuiop

motorguy wrote: »

website registrant details.

http://www.nominet.uk/whois/?query=northernirelandhousebuyers.co.uk#whois-results

michael smith

Registrant type:
UK Individual

Registrant's address:
1
Mill lane
Portstewart
Uk
BT55 7RB
United Kingdom

Business Registered to this address...

SRE DEVELOPMENTS LTD, PORTSTEWART

OFFICIAL NAME
SRE DEVELOPMENTS (NI) LTD
REG. OFFICE ADDRESS
1 MILL LANE, BT55 7RB, PORTSTEWART, Londonderry Northern Ireland
COMPANY NUMBER
NI052062
SIC CODE
68100 - Buying and selling of own real estate
DATE OF INCORPORATION
14 Oct 2004
COMPANY TYPE
Private Limited Company

Receiver appointed by companies house to this company...

https://beta.companieshouse.gov.uk/company/NI052062/insolvency

Notice to strike company off....

https://beta.companieshouse.gov.uk/company/NI052062/filing-history

Michael Smith listed as a director of above said company...

https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/iycZiEmAh4HrA0O8LJpxNSiY6W7LsfLCraSivAiqM_8/application-pdf?AWSAccessKeyId=ASIAJ4SLNFAIFUGWG7PA&Expires=1450003868&Signature=uYc1axk7JEP4hNM8XW1E4pvVzFY%3D&x-amz-security-token=AQoDYXdzEBIa4ANzhB5OiZ0YnybCGcwOfoLJggNPu8r04oAJxPQzXfcLXPkir7MoEcTPEQNsZ9F5pJvcbpmqPYioSn%2BaU7sIXWIT%2BQUqF6KRpLaZSVpa3C4LlJj7aMNdtfBWHTZr4rST2m8MH7Mkv49gaEgwpR8QBnvCVPS5itvIE%2BS4oIJUt%2FJLTe0ivrUlwx6LfyYlUvswcA2ZRC%2Bm08utZwgiFvkkm6%2BzoIB8smsuabmmbu9V0WJF3Wn5i670Ix0l8sYLnCC3WLhFRHxTbKcQoTnKo5WORiLs8AyzlxcoF8icphneLXaFP9Kaspqy9NqGme9aGw%2BgRyxXtXxmpJByyP8B%2Fa5H2RM1TRtgJ10wJMdLHR%2F6n4n43HIiO0N04Cwq06mTF3P0cJSdbq04owKzTVgIFlx0UrZFYda6ePjgtQCwy7I2n4F37Zq9GTiM3y%2Frm9NHOBgVJq82wrUyTdNH7zFpR%2BOfIEAru3IYNeH24Vq%2Fn1a4zSj164b87yWoTyfTawnrQ%2FXgUNH5qiw%2BrU9yLYyW%2F1AjMHC7CxT0hiDrJMoBrjuWtZ4kX59dy%2BB6tRS8InnHt47uiWX%2Bap5y8kMEwpjy3g6nEmOaXO6F1gDaSaho%2BzNnnd0agPGRrgv6AYrZK7Nqp11qtP4gx%2Bq0swU%3D

Not sure i'd want to be getting involved....

God bless the Internet.

motorguy

qwert_yuiop wrote: »

God bless the Internet.

Indeed. Thats quite a history there. :eek: