Re: Advice For My Mom
Posted by Bill H on February 28, 2008 at 20:20:08:
In Reply to: Advice For My Mom
Posted by Lori on February 28, 2008 at 15:13:10:
Question investors will have:
1. Where is proerty (city & State) (Not complete address)
2. How much is owed?
3. What is current value?
4. What are current payments?
5. How much equity is there?
6. How much is your mom willing to take? Bottom line is that right now most investors are looking for absolute deals....with equity...before they are willing to take on anything.
7. Has she tried to lease option it?
8. If she rents it will that take care of the situation?
9. How REALLY Motivated is she to "JUST GET RID OF IT!"
I am not trying to dissuade, be personal, etc...just that right now the real estate market in most places is "In the Tank" and investors want bargains to part with their $$$.
Good Luck,
Bill H
Follow Ups:
- Re: Advice For My Mom (url) - Paul 17:50:58 04/20/08
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