All Forum Posts by: Jerel Lyons

 If he owes taxes he may just be in over his head. But he likely also has a mortgage. I would ask him first what he hopes to get by selling the property. Or what he "needs" as in a quick close, out from under the upkeep/repairs/management/etc. Everyone thinks about price first but for many sellers that is NOT the main motivation for selling

thank you so much for your insight,I will indeed take heed

I'd ask to take a look at that property  and then try to get to know the guy a little better. It'll give you the opportunity to find out why he's really selling and what he's going to do with the money. If he's motivated enough, he might give you the lowest he can take. I try to not ever put out a # first although you have to with some because they do not understand what there property is really worth and theyre afraid of getting hosed. Id run through the analysis and make an honest offer if he doesnt first. No one wants to be soaked and he might have other properties or know someone that does which is much more valuable.

@Jerel Lyons this house was on the street that I live on. As I'm not able to afford buying lists yet, the easiest way would be to drive around the neighborhood and look for homes that are unkempt!