Posted by Doug,KY on April 05, 2000 at 08:30:35:
Doug, You need to qualify the tenant/buyers (downpayment, job history and pay, credit). Then figure out how to proceed with these buyers.
Secondly, find out what the story is on the house. Is it a deal or not. What’s the FMV? What are the payments? Is it assumable? Does it need any repairs? Are there any other leins? What are the backpayments? Have you done a preliminary title check? etc. If its a deal, figure your stadegy and tie this property up. Who you choose to sell to is your choice.
Lastly, I’m sure there are alot of married deaf couples looking for a home or apartment. However, as much as you want to help people in their situation sometimes its not possible. A year or so back, same situation, deaf couple, good job as a trades man, but terrible credit. The credit beaura wouldn’t even issue a Score. The bottom line is I wanted to help but it just didn’t makes good business sense. The best I could do for these poeple was to tell them to seek professional help on fixing their credit.