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Updated about 10 years ago, 11/14/2014

User Stats

137
Posts
42
Votes
Cass R. Smith
  • Investor
  • Richmond, VA
42
Votes |
137
Posts

Desperate Sellers Who Owe Too Much for Me to Purchase? Other Options?

Cass R. Smith
  • Investor
  • Richmond, VA
Posted

Hi! 

I've been getting calls from some motivated sellers but their situations are about the same.  They need to sell, owe too much, house was too outdated to sell when listed with a Realtor.  Owner cant afford to upgrade the home to get what she needs to break even on the price and mortgage.  I'm not in a position to do anything creative really I'd much rather pass it on to a Realtor or someone that can help her.  She stated that she only wants to sell....no owner financing or anything else...only wants to break even and move on.  

What options can I give the seller?

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