Looking for ways to get leverage on a seller?

[Andy Basler]

BPs,

I'm looking a purchasing a rental house.  Typical negoiations, seller thinks the property is worth much more than I think it is.   We have come to an agreement on the price, but I want to push closing out because I really don't want the headache with his current tenents. Their lease is up next May.  So here is my issue.

All of our negoiations have been through the realators. I DO NOT have a signed contract. Each time I think we are getting a contract there comes another request from the seller.  Granted, this has been going on for about 3 weeks which is longer than I prefer.

I sort of feel helpless in that I want the property but don't feel like I have any leverage in the deal, besides walking, which I have done a few months back.  I know this deal won't make or break me, so I'm trying to keep it in perspective.

Just wondering if there were techniques out there to gain a little leverage for someone to sign a contract?

Thanks in advance,

Andy