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Updated over 5 years ago, 07/27/2019

User Stats

19
Posts
10
Votes
Brenda Jean Adamson
  • Developer
  • Chattanooga, TN
10
Votes |
19
Posts

Help a seller who owns home free and clear

Brenda Jean Adamson
  • Developer
  • Chattanooga, TN
Posted

What are some ways that a buyer could help a homeowner as described below?

1. Seller paid 182K cash for the home; no existing mortgage

2. Has bad credit and has been unsuccessful at getting a hard money loan

3. No steady income

4. Expecting funds in the coming months but this is not guaranteed

5. Family now wants to relocate to another part of town

6. Home may appraise for around 220K

7. Seller wants some cash out now

Thoughts?

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