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Updated over 8 years ago on . Most recent reply

User Stats

76
Posts
14
Votes
Amahl Miller
  • Real Estate Agent
  • Gainesville, VA
14
Votes |
76
Posts

Need help with motivated seller with low equity

Amahl Miller
  • Real Estate Agent
  • Gainesville, VA
Posted

I have a motivated seller who has contacted me through one of my lead generation streams.  He needs to sell his home but has very little equity in the home.  The home could appraise for $290k and the owner owes $265k.  Not enough money to make money off of flipping or whole selling.  I can't seem to think of a strategy to help this home owner out besides working with a real estate agent to list the home.  The home is not in poor condition and the home owner has only owned the home for one year.  Any suggestions would be great.

  • Amahl Miller
  • Most Popular Reply

    User Stats

    9,365
    Posts
    6,553
    Votes
    John Thedford#5 Wholesaling Contributor
    • Real Estate Broker
    • Naples, FL
    6,553
    Votes |
    9,365
    Posts
    John Thedford#5 Wholesaling Contributor
    • Real Estate Broker
    • Naples, FL
    Replied

    List it.

    Loading replies...