How to buy under-market-value properties

By Reporter 21 August 2014 | 1 minute read

Todd Hunter, Director wHeregroup

Todd Hunter

{{youtube id="c8SwkSF1xXU"}}"}}

For me to know that I'm actually buying good value real estate, I've researched my areas, I've gone there, I've spent time on the ground, I have no emotion to the property at all. I look for a whole bunch of suitable properties that I would look at purchasing and, say there was ten, I would just put low offers on the whole ten of them. So the best way for me to buy under value is by really low balling, insultingly low offers and you wait for the real estate agent to come back and say "Look, the vendor won't take your offer but let's negotiate". That way you know that you're going to be buying well below market because they're a desperate vendor who needs to liquidate and get out.

RELATED TERMS

Due diligence

Due diligence is a review, audit, or investigation performed to confirm details and information under consideration; it is also referring to the examination of financial records before entering a transaction.

Due diligence

Due diligence is a review, audit, or investigation performed to confirm details and information under consideration; it is also referring to the examination of financial records before entering a transaction.

Mortgagee sale

A mortgagee sale occurs when the bank or lender will sell a borrower’s property for failing to pay their mortgage.



How to buy under-market-value properties
Todd Hunter
spi logo

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.