What type of market are you in??? - Posted by Hope(Fl)
Posted by Hope(Fl) on November 07, 2000 at 15:05:37:
If you are in a sellers market, you may have no problem getting your price and a fast sale!! However, if you are in a slow market(buyers market) then you will need to be creative. Personally, I like Lease Options. I can get market price for the home, get approx.5% cash up front, and get my profit on the back end. I am able to avoid the realtors fee(7%) , seller pay closing costs, etc, and negotiation on selling price. It does take longer to get your money, and most lease optioners dont excersize their option, so it could even take longer than 1 yr. You didnt really say in your post if you needed to cash out. If you do need the cash, then you must offer the buyers something to make your home sell. You may offer to hold a 2nd mtg, pay closing costs, etc. Good luck to ya.