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Updated over 5 years ago on . Most recent reply

User Stats

49
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14
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Courtney Richards
  • Real Estate Agent
  • Los Angeles, CA
14
Votes |
49
Posts

Seller's financing the best bet for me?

Courtney Richards
  • Real Estate Agent
  • Los Angeles, CA
Posted

Hey guys, 

I have a friend list his newly remodeled home in Charleston SC, and hasn't been able to sale it. It's been on the market for about two months and they've reduced the price twice. I'd like to be able to help, would seller's financing be the best bet? It's not at a good price point but want to explore all my options.

Thanks for your help!

Courtney Richards

Most Popular Reply

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1,194
Posts
651
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Nate Marshall
  • Financial Advisor
  • Evergreen, CO
651
Votes |
1,194
Posts
Nate Marshall
  • Financial Advisor
  • Evergreen, CO
Replied

Seller carry? Do they own it outright? is the title clear? 

I would ask them about adding a refi and other clauses so you can balloon it or have other options when you find better terms.

I have a multi tier offer proposal template if you'd like to give them 3 options that all favor you. 

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