Seller financing & court ordered sale

[Fadela Zaoui]

Good morning everyone. 
i would like to purchase a property that has a court ordered sale because one of the two seller didn't want to sell the house. 

The house has a little mortgage that can be paid with the down payment. 

Could seller financing work in this case? Any inputs on how to make my offer appealing and how to structure the deal? 

thank you in advance for any info! 

[Chris Seveney]

Quote from @Fadela Zaoui:

Good morning everyone. 
i would like to purchase a property that has a court ordered sale because one of the two seller didn't want to sell the house. 

The house has a little mortgage that can be paid with the down payment. 

Could seller financing work in this case? Any inputs on how to make my offer appealing and how to structure the deal? 

thank you in advance for any info! 

 I would have to say chances are very slim you will get seller financing if they had to go to court and get the courts to order the sale because they did not want to sell the house. 

[Mohammed Rahman]

Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) 

I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.

You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie.