Is divorcing seller giving me a line of B.$. ?? - Posted by verbatim
Posted by verbatim on August 11, 2003 at 11:32:06:
Seller says she HAS to sell home before the divorce is finalized. I’ve read of others taking the homes of divorcees sub to so I know they do not HAVE to sell it but I dont know how to possibly change her way of thinking.
It’s in her name only but he’s the 1 living in it now. She listed for 335k 5 months ago & just dropped it to 310 recently. I said “if i can close in 10 days all cash, what would be the lowest offer you would take?” ‘I just want to net 100k she says’ loan bal is 129k [bought for 140k 6 years ago] & she says home ‘needs 15k to make immaculate.’
310-129-100-15=66K equity if it would sell for that. She’s offering to sell at 79% of present listing price.
How would you alter/structure the deal & negotiate with the seller to make it attractive for you?
And how do i get around this HAVE to sell line?