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Updated about 8 years ago on . Most recent reply

User Stats

20
Posts
17
Votes
Matt A.
  • Investor
  • El Paso, TX
17
Votes |
20
Posts

Owner is fixing the property why would he give it to me not MLS

Matt A.
  • Investor
  • El Paso, TX
Posted

Hello all,

A newbie doing different kinds of marketing and can't really say that it is going great. Recently found a deal and the owner looks motivated to sell the property after the issues she had with tenants. Last tenants had given a lot of damage to the house and the owner already started fixing the house at the time I came in. Now she is planning to sell the house after the repairs are done but through an agent. If I had came in before she started the repairs, the process could be easier for me to get the house under contract. Now the question is how can I convince the owner to give the property to me for cheaper than she would sell it on MLS after all the repairs are done?
Repairwise they are at 60% done and 40% remaining.

Please let me know what would you do in such a situation.

Thank you

Most Popular Reply

User Stats

23,418
Posts
13,508
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Well, if she's smart, she won't.

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