Seller financing question

[Blake Hufman]

Hi everyone,

When looking at a deal that is offering seller financing, is it better to offer the terms I want first? Or ask the seller what kind of terms they want and then counter with mine?

Thanks in advance.

[Griffin Fehrs]

@Blake Hufman Whenever the seller is offering financing, they certainly are motivated. A note of caution to do extensive due diligence prior to any commitments. The sellers' motivation may stem from a hidden property issue. Ask questions and find out his motivation.

If you're willing to pay his price - then it should be on your terms. But, it always comes down to what can be negotiated. Always just ask - you'll be surprised what you can get from just asking!

George has a good point - the upper hand - thus, leverage the sellers' motivation