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9 December 2024 | 20 replies
Using your $100K example, the 6% seller assist is far more valuable to this buyer than merely reducing the purchase price by $6K because the 6% seller assist is a $6,000 reduction in funds required to close whereas reducing the purchase price by $6K equates to less than a $200 savings (2.5% down payment + some incidentals).
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11 December 2024 | 14 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.
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7 December 2024 | 2 replies
Unless you can get the price significantly reduced, walk away Tim!
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7 December 2024 | 9 replies
.- Getting under contract and then reducing the price because of findings is common, but major reductions are likely to tick off the seller unless you have strong justification.
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7 December 2024 | 2 replies
We also were able to get the property taxes reduced by filing a complaint with the county.
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7 December 2024 | 8 replies
-Should I reduce my price offering?
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14 December 2024 | 36 replies
You can agree to represent yourself and reduce your offer by the percentage that the buyer's agent would get.
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25 November 2024 | 2 replies
This year I sold a rental property with a capital gains of 60kI’m looking to reinvest in something that will reduce my tax liability.
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9 December 2024 | 15 replies
An option for you could be to go with a DSCR loan with a reduced prepayment penalty period so that you can get funds soon and if you want to refinance next year or the following due to lower rates or wanting more LTV than you're able to do so.You should look at this one with the mindset of:1) What would my expenses be once I refi vs what they are now?
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5 December 2024 | 4 replies
It reduces the “bouncing ball” effect of tasks being passed between departments.