Hi Brad, I wondered also about the evaluation done on the property. I don't believe it was a professional appraisal. There was no inspection report.
I was attracted to the deal to come up with a solution that would work for the seller and to make a slight profit on a tenant locator fee...
Hi Thomas, I ran it by him on the idea of carrying a mortgage and his words were, 'He can't afford the mortgage he's got.' He is concerned that if he was to refinance, the bank would turn him down without a working income.
If he was to agree to your suggestion of refinancing and pulling out a...
Came across this seller by making hard calls to FSBO ads.
Seller owns duplex and currently listed FSBO for $278,000. Seller has lost job and has no money. EI may run out in 2 months.
Seller is living on main floor of duplex and rents out the top apartment for $625.00 all inclusive.
Seller...
Hi, just ran into a friend who needs to sell large house - marriage breakdown, very little equity in house, will have to pay a hefty mortgage cancellation fee, house needs some work. Originally she listed private but has just signed up with a realtor. Has anyone done a quick turn deal with a...