Another week gone and two offers made, one property was a brick home 3 br 2 ba on 5 acres ground, nice place, asking price was 143,000 offer of 100,000 made and if the owner would do seller financing, no deal seller will not finance and they are sticking with the asking price or just a little bit below, due to location could not find much about fmv and the like so I did not go with this one. On the second offer 3 br 2 ba brick, nice place as well on 3 acres ground, asking price 130,000, I offered 80,000 and requested seller financing, comeback offer no deal and no seller financing, my second offer on this one was 90,000 with lease option for 3 yrs to buy with a possible extension for another 3, same problem with fmv was not able to find much about it either. Seller came back they will not go for this either as they want all the money at once to buy their next property. So I let this one go also, back to the drawing board again trying to find a property for my buyer. Hate to disappoint them but I do not want to use my credit or money to buy a place for them even though they will be making a down payment as well up to 4,000 dollars. In this part of northeast texas and south east oklahoma the real estate market is hard to deal in because people are getting the prices they want and not have to worry about owner financing either.
Another week gone and two offers made, one property was a brick home 3 br 2 ba on 5 acres ground, nice place, asking price was 143,000 offer of 100,000 made and if the owner would do seller financing, no deal seller will not finance and they are sticking with the asking price or just a little bit below, due to location could not find much about fmv and the like so I did not go with this one. On the second offer 3 br 2 ba brick, nice place as well on 3 acres ground, asking price 130,000, I offered 80,000 and requested seller financing, comeback offer no deal and no seller financing, my second offer on this one was 90,000 with lease option for 3 yrs to buy with a possible extension for another 3, same problem with fmv was not able to find much about it either. Seller came back they will not go for this either as they want all the money at once to buy their next property. So I let this one go also, back to the drawing board again trying to find a property for my buyer. Hate to disappoint them but I do not want to use my credit or money to buy a place for them even though they will be making a down payment as well up to 4,000 dollars. In this part of northeast texas and south east oklahoma the real estate market is hard to deal in because people are getting the prices they want and not have to worry about owner financing either.
Shawn