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Updated over 6 years ago on . Most recent reply

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7
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Kendra Wilson
  • Omaha, NE
0
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7
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Wholesaling question (newbie)

Kendra Wilson
  • Omaha, NE
Posted

Hi, I am incredibly new at Wholesaling, and I am learning as I go. My question is regarding what the house is assessed for and how that works when I make an offer for way less than what it is assessed for? How does that effect me and the seller? If the house is assessed higher than what I offer, are buyers most likely going to turn down my offer, from your experience? Thanks in advance!! 

Most Popular Reply

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1,018
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Dan Barli
  • Attorney
  • Clifton, NJ
328
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1,018
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Dan Barli
  • Attorney
  • Clifton, NJ
Replied

Hi @Kendra Wilson the assessment of the home is generally not indicative of the value of the home. Regardless of if it is, wholesaling works with motivated sellers who NEED to sell and are looking for a way out. You are there to provide that avenue for them. If they don't accept your offer, that's fine - just move on to the next seller.

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