Don't reduce the sell price to sell
Started by anonymous
about 17 years ago
Discussion about
Dear:Brokers Our job is to help people involved in selling real estate complete their sales, these people are Realtors, Mortgage brokers and FSBOs “For Sale By Owner”, every sale in this group will not close even with a willing buyer and seller, because of the stringent lending banking requirements. The reasons sales fall through are numerous but usually fall into two categories a poor payor or... [more]
Dear:Brokers Our job is to help people involved in selling real estate complete their sales, these people are Realtors, Mortgage brokers and FSBOs “For Sale By Owner”, every sale in this group will not close even with a willing buyer and seller, because of the stringent lending banking requirements. The reasons sales fall through are numerous but usually fall into two categories a poor payor or poor property and with this slow market it doesn’t help. “Temporary sellers financing is what we do to help facilitate a sale”. The seller will hold the mortgage for the new buyer(s) temporarily then we’ll buy that mortgage. We don’t do ratios and we don’t originate loans. And the owner doesn’t have to reduce the price ever. Sincerely Curtis Ross Diversified Real Estate Group.LLC P O Box, 70115 N, Charleston, SC 29415 843-478-5569 curtis@wedorealestatedeals.com [less]
Curtisross, please stop posting on StreetEasy. Temporary seller financing is only going to draw more people into financial trouble. Don't we have enough of that already? Yes, you need to make a living, but please, enough already. Try some other route.