How do you get a good deal in buying a property?
It's through buying from sellers who are really keen to sell their home - i.e. a "motivated" seller. This is where you really ask for higher "discount" or making a "lowball" offer to purchase from the seller.
Who are motivated sellers?
1. They are people who are moving jobs and are moving to a different area and really needs to complete the sale as fast as possible.
2. This is pretty common - you will find sellers who can't afford to make payments to the bank any longer and the longer they wait, they run risk of the bank foreclosing and auctioning their home.
3. At most times too, you will find sellers who are moving up - to a bigger house - or maybe to a better area. And they don't want to hold on to the property any longer - this is a low motivating factor. But if the seller has just contracted to buy his/her new house and is short on finances and he/she has to close that deal fast - they might sell it to you for a bargain especially when they need that down-payment from you to pay for their own down-payment!
4. The seller has just lost his job and really needs to tighten his budget or raise cash quickly.
5. Many a times too, you will find bargains from sellers who has just gone through a divorce. The seller is in no mood to hold any longer the property which use to be his/her matrimonial home. He/she wants to sell the property quickly and split the cash to go on with their lives!
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ReplyDeleteContact Mr Pedro on pedroloanss@gmail.com / Whatsapp text: +1 863 231 0632 for loans.
All the best!