I only buy bank-owned foreclosures, and as such, I buy all my properties right off the MLS. But, many (probably most) investors look to take advantage of all the sellers in this market who are desperate to get rid of their homes, either because of a difficult financial situation or a life change (divorce, new job, death in the family, etc). While I don’t spend a lot of time on this blog talking about how to deal face-to-face with desperate home sellers, it’s obviously a very important topic to many investors.
Today, I wanted to provide an article on the topic of negotiating with private home sellers who may be desperate to get rid of their property, and therefore might be ready to provide you with a fantastic deal!
The article was written by guest author Scott Costello. Scott currently runs Struggling Investor.com, where — between his blog, his articles and other great material — he is giving away a tremendous amount of information that up-and-coming investors should greatly appreciate. Scott previously wrote “Building a Buyers List” for 1-2-3 Flip, and I’m thrilled that he’s back again with another article:
If you’re working directly with motivated sellers, this article is for you…thanks again, Scott!