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Updated over 15 years ago on .
The cabin in the woods
When my buyer, an older couple, couldn’t get a loan for the amount of their offer, someone suggested asking them what they had to trade, maybe a cabin in the woods, or…
I did ask her that day, and she said the only thing they had was some antiques. The way she said it, I heard “old stuff†and she continued with “that nobody had the money for anymoreâ€. I didn’t pursue it, I don’t know about antiques, and have no idea of value or sales.
But he was right, I should have asked more questions, including what could you throw in to make your offer better?
I learned today his hobby is building guns, long guns. He has a couple of beauties on the wall of their den. I have no idea of the value, but when she was showing them to me, she said their kids want one for their husbands, but they can’t afford them. Now that, I might have taken several to get it up to the offer… Getting an idea from gun sites, these hand made replicas might be worth over $1000 each.
And, it turns out, he operated a plumbing business here for about 20 years, doing all aspects of it. I could have gotten a contract for $xxxx of plumbing work as needed on MY houses.
So, if your buyer doesn’t have cash enough, maybe he does have something else to add to the pot. Right now, I wish I had pursued it a bit more.
It is what it is. If they can’t get the funding, I’ll look into those, as a sweetener just to keep the sale going forward, or with the next offer/sale.
Ofgift