Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Nicole Rosemond
  • Real Estate Investor
  • Nashville, TN
2
Votes |
8
Posts

ISO Help with a motivated seller :)

Nicole Rosemond
  • Real Estate Investor
  • Nashville, TN
Posted

Good afternoon!  We (my husband and I) are currently working with a somewhat motivated seller who is balking at letting us in the house to provide her with an offer.  My education is telling me that she is most likely a hoarder, terrible housekeeper, or there is significant deferred maintenance and  possibly more that the seller is hesitant to disclose.   I have already tried to determine her number and she just isn't giving anything.  I know that she is looking to sell quickly and easily so that she can move into an already purchased downsize property.  When we first discussed (approximately 3 months ago) she had a family member living in the new property and was not yet motivated as she was unsure when the family member would be moving out.  She reached out to us this week indicating that she is ready to entertain cash offers.  Knowing this, part of me wants to give her a our best offer contingent on walking the property. At the same time, my old negotiation voice is telling me that we shouldn't throw the first number on the table. I'm hoping that some wisdom from the BP community will either help me overcome my fear and throw the number out or confirm my old negotiation voice. Anyone willing to assist me in taking the next step?????  THANK YOU IN ADVANCE!!

Most Popular Reply

User Stats

1,460
Posts
1,594
Votes
Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
1,594
Votes |
1,460
Posts
Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
Replied

Offer to give her an offer with the assumption that the house is in total disrepair and will have to be gutted with everything replaced. Let her know that your offer could be better if you are able to property assess the home, but unless you are able to do that your offer is going to assume nothing is salvageable. (In better words, obviously). :) 

Loading replies...