With a growing national presence that currently spans 22 states and 46 markets-our team of 800+ specialized agents have deals in your local market.
After an initial virtual or in-person onboarding meeting, you will have access to our vast inventory of properties. Our associates will explain in detail how our properties are sold and how the transactions will be structured during that initial meeting.
A New Western agent works with you through the entire transaction process from search to executing contracts and closing. To get the most out of your search for a deal, we need to know what type of properties, neighborhoods and local markets you’re interested in and your investment goals and strategies.
New Western inventory can’t typically be purchased using traditional bank financing due to the condition of the property, the timeline of closing, and overall structure of the transaction. These properties need to be purchased with cash or a lending program specifically designed for rehab purposes such as a hard money loan or private financing. Check with your local agent for approved financial options.
Certain ones, yes. You are able to use a hard money loan to purchase our properties. Check with your local agent for approved financial options.
No. New Western does not provide financing. However, we can easily connect you with numerous lenders on The Bridge, a new lending marketplace that will guide you through the process of selecting the best lender to suit your investment strategies.
It depends. Factors that influence how much cash you need include the market, the lender and the degree of work the distressed property requires. Investors need a down payment to purchase the property, money left in reserve for carrying costs (like interest, taxes and insurance) and enough capital to repair the property.
No, you don’t need a licensed agent to purchase a property from us. One of our licensed agents will walk you through our transaction process. However, you are free to employ a third-party agent to represent you (at your cost) if you choose.