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Updated about 10 years ago,
1st call to a FSBO
Hello BP community, I just got off the phone with a FSBO first time making a FSBO call. Feel it went pretty good :)... I do need some assistance to see what route I can take to help the Seller get the property of there hands and to also be able to make a profit.
Currently the property is listed at 165K. She is motivated to sell the property, since she has been trying for a year with a listing agent. She is willing to come down in price around 5-6K but mainly just wants to break even. The amount owed to the property is 160K. She is not interested in doing owner finance since she is not at the liberty to do so. (has received a few calls but have been declined) The reason for her selling the property is that her family is growing and needs more room.
In this case what would I be able to do to close fast on the property? Wholesale?
All responses are welcome of course.
Property: 3Bedrooms, 2 1/2 baths.
2685sq ft. Corner lot.
I checked county records appraised value is at 166,200
Thank you everyone in advance for your assistance.