Re: Burbank Ca. investors ? - Posted by Mark (WV)
Posted by Mark (WV) on February 14, 2002 at 09:18:58:
The house is in Burbank, He is working here in WV and is from here,and has lived there for 25 years.He wishs to move back if he can get his wife a teaching job here and sell there.The house might be paid for given the time frame.
He works with me so for that reason I can’t allow him to get hammered for 30%. I have to look at him every day! If that is the case I will recomend he contact a agent.He has stated the house is worth 350 to 400k so 30% at 375 would be a 112k hit, thats pretty big.
I have talked with him and he seems to like the idea of a seller financed note on a full price offer but due to wanting to move does not want to get involved in a L/O or rental deal.