Are you driven to sell? My wife and I tried to keep the renters happy and the rent flowing in and the house was being fixed all the while being at 2100 miles. You can bet I was driven. The month before we sold our home and received an amazing price. However, I'll tell you something. We would had sold the property for... Well, I do not want to upset buyers if they read this. Let's say that we could sell it for less.
It's the first indicator that you've located an enthusiastic buyer. If the property is not exactly where he is, he will probably be in the position to sell. How do you find out the truth? By asking. Ask the agent who represents you along with the neighborhood and anyone else who may have information that is useful. Here are some other things to be looking for that might indicate a motivated seller.
1. Relocation. You should ask the seller when he will be moving. There is a chance that you're worried over the double payments.
2. Divorce. Motivated sellers are often caused by divorce and relationship problems. Often a house payment needed both parties, and it will have to be sold quickly.
3. Financial problems. A business's failure, excessive debt or other financial difficulties often result in selling. Find out whether the owner has fallen in debt.
4. Tenant problems. It's easy to become tired of being a landlord. It is also not uncommon to want to get out at any reasonable price.
5. Probate. If the house is in probate, and the heirs are waiting to get their share of the inheritance, they could prefer selling the house quickly than in a great price.
6. Up-sizing or down-sizing. Certain owners might have a particular home in mind, and are looking to move into one.
Here are some additional suggestions to help you find a motivated seller
A great way to spot motivated sellers is by paying attention to the language in classified ads. Some good indicators include "Need to sell", "Must https://www.compass.com/listing/35935-mission-boulevard-fremont-ca-94536/891496254137314585/ Sell" and "Will accept all offers." An advertisement for renting that says "Must have a solid work record" could signal an owner who is tired of tenants or wants to move. There are other options:
1. Find abandoned properties. There are neglected properties to be found.
2. You can use property tax rolls. Go to the county records, which are available to the public at most locations. You are looking for properties with an owner who is far away. We could have found you by doing this, and then purchased our house for less than we received.
3. Use timing. When school is about to start and people are in a rush to sell their homes so they can enroll their children at the new school to which they are moving. The owner may be fed up of paying bills and want to sell an apartment building that's been empty for quite a while.
It is essential to employ your eyes and ears to detect clues. The act of talking to others helps a lot. Finding motivated sellers is one step, but the next stage is to push them further by giving them what you want. Begin by negotiating an easy and quick closure for them - and also for an acceptable price for you. This is however a subject for another article.
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