Posted by B.L.Renfrow on July 08, 2003 at 24:19:25:
…all the rest of the regular, unmotivated sellers out there:
- Property is under a listing agreement
- Seller wants FMV (or above)
- They “need” all cash to buy another house
What makes you think this seller would be motivated to accept anything creative? I sure don’t see it in her responses to you quoted above. Plus, even if she would consider subject-to (and I see nothing making me think she would) who is going to pay the broker’s commission which would be owed?
Since you are new, you could probably use negotiating experience, so if you want, go over there and sit at her kitchen table and talk with her and figure out if there is something you can do which would give her what she needs.
Personally, I’d thank her for her interest and tell her to call back if her situation changes. If the place doesn’t get any offers in another couple months, and if it becomes painful for her to continue making the payments, she may become more motivated.