Mauled by a Polar Bear and a Grizzly Bear………. On the same day!

MORE Realty
Al Cronemiller
Licenced in the State of Oregon

Back when I was raising kids I was up late one night and I had the TV on. There was an infomercial on about buying real estate for no money down. Heck, the no money part sounded pretty good. Having just started a remodeling business funds were a little thin.

The more I watched the program the more it made sense. Heck, by the time it was finished I was convinced I could do that. So, without telling my wife I bought the course for 400.00. Back then I did not have this kind of money for a real estate course as I was raising a family. The one thing I did have was confidence in my abilities.

It wasn’t long before the course came in the mail, eagerly I set down and started studying everything. After reading the books once I went back and read them again. By the time I was done, I was sure this would work so off I went into the neighborhoods looking for a property that I could buy with no money down.

I think it only took me a day to find a place that I thought might have potential. It was a craftsman style home with great bones but it had 30 yards of garbage piled out behind the house and another 30 yards in the broken-down garage out back. The renter would not give me the property owners information so I went to the county to look it up.

Her name was Joyce, she lived about 60 miles away and had inherited the property from her father. I knew that if I could get face to face with her there was a possibility I could buy it, come to find out she was behind on her taxes.

Not only did I end up buying the old farm house that sat on an acre of land for 45,000 but later ended up buying all her property from her for about 20% of what it was worth. She owned 20 acres in the desirable community of Keizer, north of Salem, Oregon. I had just purchased 750,000 worth of land for 100,000.

Remember, I had just read the course on purchasing property for no money down, I did not have to come up with much money for this purchase.

I’m sure by now you are now asking how in the world was I ever able to buy a piece of property for only 20% of what it was worth? I ASKED!

That’s it, that’s all I did. 

I know one thing for sure, the odds of you buying any property if you don’t ask or make an offer is the same odds of being mauled by a polar bear and a grizzly bear………. On the same day!

Don’t get Mauled! Give me a call, I can help with investment properties, homes, land and Forest. al@cronemiller.com or visit my site at www.homesforsalesalemoregon.net. Thanks! Have a great day! OH, BTW here is another article