Need to Solve Sellers Problem BUT HOW?

Question

I received a hot lead from a motivated seller who wants out of her house for the following reasons:

- Seller cannot cover mortgage alone so abusive daughter lives with seller to help pay mortgage (daughter arrested for domestic abuse)

- Seller is elderly and medically disabled (low income)

Any advice on how to help? My first reaction is to reach out to the local housing authority and get her to apply to the wait list for Section 8 and Public Housing but the average wait is very long and this lady NEEDS out of this house. Has anyone helped a seller in a similar situation?

Garrett Masiulis · Answer

@Jaron Walling thanks! I can see this one dragging on. I will continue to be as helpful as I can be and see what comes of it. It’s an opportunity to learn if nothing else.

Garrett Masiulis · Answer

@Will Fraser thanks! I I will look into ways to stop gap her housing issue until she clears the waitlist.

Jaron Walling · Answer

Sometimes situations like this take time and your involvement may not be answer. That's not response you want to hear but family issues are incredibly complex. I would provide the seller with information on Section 8 or elderly housing but don't pressure them. It doesn't sound like any numbers have been discussed but the motivation to sell is there so don't give up on the lead. It took me 3 months to close on my deal due to the seller.

Good luck man!

Will Fraser · Answer

Hi @Garrett Masiulis!  This is a tricky puzzle here . . .

If you can get a solid contract on the house perhaps you or the end-buyer could find a way to front the move-in money for her next place (ideally an assisted living or a economic elderly housing center) on a shortish lease while she goes through the Section 8 process?