In fact, it might help us generate seller leads, because
desperate sellers who are interested in this fast cash are a small segment of the marketplace.
Today,
many desperate sellers would be more than willing to accept a lease option if it gets their property sold — it beats being forced into foreclosure.
If you make a friend, they can even tell you information that only they know, such as the real reason the seller is letting it go or
how desperate the seller is to make bail.
Because of balance sheet volatility & capital constraints, and the attendant reputational & political risk, the banks are
now desperate sellers... Not surprisingly, prices have collapsed!
The market was flooded
with desperate sellers and prices dropped rapidly, followed by foreclosures and bankruptcies.
And given that everyone is usually too caught up in the holiday season, a seller that lists their home in November, December, or January is a
pretty desperate seller.
Desperate sellers also may commit to finance the down payment for the buyer to move a hard - to - sell home or to make a quick sale.
Part of the story stems from the increasing reluctance of large banks — partly due to stiffer regulations enacted in recent years — to absorb big slugs of debt
from desperate sellers.
«There are more buyers than sellers and most are
desperate sellers who want money even if they are incurring certain losses,» he said.»
Well let's be honest, unless you are
a desperate seller and you have complete confidence in the person buying your business, it is not going to happen.
Desperate sellers may be forced to accept a low price, but Londerville notes that if they're moving to a market that is also down, things could balance out.
Be ready to work with your broker on creative solutions to help
the desperate seller.
I know the investor way of looking at this is «helping»
desperate sellers but that's not the way other people see it.
In all cases, not told that the potential Buyer would not use a realtor because they are looking for a steel of a deal and target the less experienced or
desperate Sellers.
Desperate sellers and less buyers; this means one thing — real estate investment properties prices are cheaper!
Desperate sellers will also promise to finance the down payment to get out from under a property.