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Updated almost 6 years ago on . Most recent reply

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11
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6
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Thomas Beard
  • Bakersfield, CA
6
Votes |
11
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Need to convince sellers daughter to help close the deal

Thomas Beard
  • Bakersfield, CA
Posted

I am trying to convince a seller to sell her property to me but I’m running into multiple issues. The main issue is that the daughter holds poa and even though she wants to sell she seems hesitant because she will have to move all of her mothers stuff out and try to help her find a new property. The property was recently appraised and I’m prepared to offer full price for the property as well as let the mother live in the property for 4 months rent free. (Obviously I’m very motivated to get this property). My question is, would it be possible/ legal to cut the daughter a check for $1,500 outside of escrow to help pay for moving costs? I want to pay the daughter directly to ensure she revives the cash and can have some relief about the moving process. I’m also open to any creative ideas to help convince the daughter to sell.

Thank you for your help.

Most Popular Reply

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958
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1,138
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Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
1,138
Votes |
958
Posts
Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
Replied

@Thomas Beard - are you using financing? If not, then it doesn't matter what you do outside of escrow. I agree with Nick in regards to the $1500. It's held in escrow and released AFTER the move. 

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