1st Appointment with Seller - willing do to Owner Finance
I finised the books and listed some For Sale by Owners. The first in the list I called is a retired elderly who has been selling his home since May 2012. He 1st listed it for 200K now down to $199K. I asked him about owner financing and he said it depends if will benefit both of us. I checked his current home value and is $185,500.00 but asking price is $199,000. I'm nervous to blow this away, he seems to be a nice person, like around 70 to 80 and he said he wants to move out the city and live near the beach.
Can anyone help me what approach I can use... please or give me any insights how to break this up to him.
I finised the books and listed some For Sale by Owners. The first in the list I called is a retired elderly who has been selling his home since May 2012. He 1st listed it for 200K now down to $199K. I asked him about owner financing and he said it depends if will benefit both of us. I checked his current home value and is $185,500.00 but asking price is $199,000. I'm nervous to blow this away, he seems to be a nice person, like around 70 to 80 and he said he wants to move out the city and live near the beach.
Can anyone help me what approach I can use... please or give me any insights how to break this up to him.
THank so much.