Help me handle some objections I am running into.
I have a home that I am going to look at tomorrow. I have bought 2 other homes on the street over from it and so I know the area/market well. I want to take a contract and get it signed while I am there.
I normally let them give me a number and work down from there based off of work needed.
The seller had a family member living in the house who went into hospice. The home is owned free and clear. However they can't afford to pay the utilities, taxes, and insurance. It is a 3/1.5 with 1500 sqft. It is built in 1917. It also has a lot on either side of it that come with it. ($$$)
Seller does not know what they would like to get out of it. My plan is to go off of what I paid for the other homes (both distressed) in the area and go from there.
Objection one: I really don't know what it's worth. I need to do some research. How do you approach that scenario for an on the spot close? I normally get told they will look at zillow and let me know what they think its worth. Which we all know can be painfully inaccurate.