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Updated about 5 years ago on . Most recent reply
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Private deal how to go about it
I found a a deal here the seller has nothing owing on the property and I want to do a private deal but she doesn’t want to stay on the title wants to get out of it completely so an AFS wouldn’t work and I dont want to include a bank or agent. How do I go about this? Its a really nice property with in a law suite only one on the block and has lots of room for improvement to bring to same level as the other properties in the area!
Maybe a vendor buy back option but I would have to sweet talk the seller considering she does have leverage with the property being free and clear would I have to pay higher than the asking price? Any advice on how to go about this!
Most Popular Reply
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Personally I would just use a bank. It's the cheapest money around. Why do you not want to include a bank?