25 July 2018 | 8 replies
The seller of these properties is retiring and as such is ready to unload their tremendous number of houses in the area.
2 August 2018 | 11 replies
Maybe you could send some scary demand letter from a lawyer to hopefully deter them from filing suit against you for the unpaid charges but it is not a great situation especially since you are out of state.
25 July 2018 | 8 replies
One of my best tenant/customers is a guy who draws a military pension and purchased a property from me on seller finance terms, I was willing to finance it for 10 years to make payments around the same as what rent would be, but he wanted to only carry it 3 years to pay off fast.
11 August 2018 | 10 replies
The seller is asking 38k for his property and if he bought this property regularly, all cash $38,000, the 28,000 covers the cost of the lien and the seller would walk away with about $3000 after everything is prorated.
2 August 2018 | 12 replies
A quitclaim deed isn’t really an option for a buyer that demands title insurance.
27 July 2018 | 1 reply
So...Purchase: $109,000 (listed price, buts it's fallen out of contract 3 times - is that enough to motivate the seller to reduce the price?)
24 July 2018 | 2 replies
Joseph Ask the seller to carry the financing.
26 July 2018 | 7 replies
For Sale by owner, Sales Agreements.I’m curious to learn what clauses or protections others builds into their sales agreements to ensure (or allow for legal action) if a private seller sells their property to someone else / backs out of your deal once already under contract.Fortunately this has never happened to me and the last 6 properties I bought were from private sellers without a real estate agent or attorney, however It could and likely will happen at some point...
31 July 2018 | 10 replies
The value usually comes from deferred maintenance or some other seller distress.
26 July 2018 | 10 replies
I am thinking that this house is probably going to make a good rental for someone but how do I advertise it, should I offer the seller less for the unfortunate view?