Updated over 7 years ago on . Most recent reply
Tips on Wholesaling a VACANT LOT
Hey guys give me your thoughts on this potential deal.
I spoke on the phone with a woman today who is wanting to sell her vacant lot. She says there are tax liens on the property. I looked on my county appraiser's website, and I believe she owes about $500 in taxes on the property.
Her mother just passed away, and I think she is wanting to sell to cover the costs of a funeral.
I have not told her that I'm a wholesaler, I have only told her that I make cash offers for property in my area. She is wanting to close quickly on the deal, and I'm just afraid of making her an offer and then not being able to find a buyer for the property before she has to pay for the funeral. Or I don't want to offer too much and her think ok I have $xx amount of dollars to spend for the funeral, and then me not be able to find a buyer.
How can I be sure I'm giving her an offer that is at the right price, and should I tell her I will have to find a buyer before the deal can be officially closed??
This would be my first official deal if I can actually make this work, so any help would be greatly appreciated!!!!!!!!!! Thanks