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is asking 0,000 with ,000 down and willing to carry the balance of 5,000. Try offering 5,000 in the form of a promissory not instead of cash. The seller gets a little more money for the additional risk.
4. Borrow against a life insurance policy - Many life insurance policy's let you borrow against the policy for the purpose of
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That doesn't mean that it's a bad property - depending on how low a price you can bargain, you still may be able to make a decent profit from it. Another consideration in the Neighborhood Test is a bit more subjective, and you'll have a feel for it if you're local and keep an ear to the ground.
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They may have overlooked some of the usual purchase
terms simply because they are new to the process. Depending on
the real estate agent who represents them, or their advance
preparation to buy a property, they may have everything lined up
and ready to go, including a review of their credit history and
a careful budget assessment to see what type of mortgage
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