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TOPIC: Creative FSBO
#2494
Elson ()
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Creative FSBO 5 Years, 5 Months ago Karma: 0  
I am new to fliping properties. I have a house which I fixed up and want to sell. Since I was new to this, I though I would go through an agent to sell the house. Probably a mistake. After four months of listing, I have not sold the house. I am currently looking at putting the house on the market "For Sale By Owner." I am looking for creative ways to sell "For Sale by Owner" in the Southeast Michigan area. This propertiy is located in Eastpointe Michigan.

Thanks
Elson Abraham
elson_abraham@hotmail.com
 
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#2495
sandra ()
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Re: Creative FSBO 5 Years, 5 Months ago Karma: 0  
You can get a kit from home depot. I did and had great responce. sandra
 
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#2496
Synergy ()
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Re: Creative FSBO 5 Years, 5 Months ago Karma: 0  
Well, can I ask you this...

Do you need a sale, or is the financing good enough, where you could stick in a tenant/buyer in there, and lease it to them for a year or two, and then sell it? You would be amazed at how many people out there have "imperfect credit" (to say the least) who are looking to get into a home. You could get +CF while you rent, and you could raise the price of the property by $10K - $15K, for this opportunity. You might have better luck at that approach, again, if the financing is low enough to get a renter in there.

Otherwise, post on Craigslist... Man, you will get responses through the roof... I am amazed to how many people use that site.

Well, I could go on, but I am off to a meeting.

Good luck on you journey to fabulous wealth!
 
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#2497
Carlos ()
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Re: Creative FSBO 4 Years, 10 Months ago Karma: 0  
Hello elsonabraham,

70% of home buyers need more flexible terms than banks and mortgage companies offer. This means you as the seller have to wait and wait to sell your home.

You may show your home to 10 prospective buyers, and none qualify to purchase.

Some FSBO homes sit idle for many months at a time until a buyer comes along that qualifies for conventional financing, these buyers pick your home apart trying to reduce the price. Many FSBO home owners, give up and en up listing with an agent, to reach "pre-qualified" buyers. The seller ends up giving away 6% of the equity of the home, accepts a reduce price offer AND shares closing cost. This does not have to happend.

This is where we can help you...

We'll show you how to sell your home quickly, and easily right now for full appraised price. Simply mention that you offer owner financing, with 10% - 20% down.

Let us know that you are interested in having this informational tool available to buyers and we'll show you how to create a note that will get you CASH at closing. Visit our Service page on our web-site for more info.


Cpena

Also, don't forget to visit our FAQ page for additional info.
 
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#5650
RBenm ()
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Re: Creative FSBO 4 Years, 1 Month ago Karma: 0  
I met this seller Anil and this is almost exactly what's happening to him. The realtor is still out of the equation. This FSBO has had this home on FSBO listing for about a year. Maybe your can email this seller with some of your ideas at AKAASSOCIATES@YAHOO.COM. Thanks.
 
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Last Edit: 2008/04/18 01:56 By rickybenn5@yahoo.com.
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