I Need Help Fast
hello we have a buyer for a house and we found one for her... we are going to buy the house for a much better price then the asking price and fair market value... we are thinking of maybe getting around $10,000 profit on this deal or more, depending on what is the best way and least hassle...
FMV: $150,000 or so, maybe $160,000 after repairs...
price we can negotiate: $139,500
we pretty much have a guarenteed buyer, so, what is the best way to do this with the least amount of paperwork and fees (closing costs, escrow, insurance, etc.)?
there is also, however, a possibilty we can sell it for around $160K with some repairs on the house?? what do you think, a quick 10,000 or hold onto it for 3 weeks or so and make around 20k while paying closing costs, escrow, etc??
please respond ASAP as she is very motivated to but, which you know is very hard to come by..
I am a newbie here, so please remember that. But, my first inclination is to take the $10k and call it a done deal! Why wait? It could blow up in your face. For what? 2-3K more? No way!
gotcha thanks
Why would you hide the fee unless you are misleading someone? Most people realize you do not work for free. So let Them know how much you are charging up front and explain it to them what you do for that money.
Lori
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