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Updated over 6 years ago on . Most recent reply

User Stats

49
Posts
14
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Courtney Richards
  • Real Estate Agent
  • Los Angeles, CA
14
Votes |
49
Posts

Seller's financing the best bet for me?

Courtney Richards
  • Real Estate Agent
  • Los Angeles, CA
Posted

Hey guys, 

I have a friend list his newly remodeled home in Charleston SC, and hasn't been able to sale it. It's been on the market for about two months and they've reduced the price twice. I'd like to be able to help, would seller's financing be the best bet? It's not at a good price point but want to explore all my options.

Thanks for your help!

Courtney Richards

Most Popular Reply

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1,317
Posts
707
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Nate Marshall#5 Guru, Book, & Course Reviews Contributor
  • Real Estate Consultant
  • Evergreen, CO
707
Votes |
1,317
Posts
Nate Marshall#5 Guru, Book, & Course Reviews Contributor
  • Real Estate Consultant
  • Evergreen, CO
Replied

Seller carry? Do they own it outright? is the title clear? 

I would ask them about adding a refi and other clauses so you can balloon it or have other options when you find better terms.

I have a multi tier offer proposal template if you'd like to give them 3 options that all favor you. 

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