real estate investing

Monday, August 01, 2005

Preparing To Make A Zero Down Offer

I'm going to focus on the seller of a hypothetical property you have found and the offer that you are going to make. You want to write it so it has a reasonable chance of being accepted.
Never offer more than you can afford to pay.
Don't get caught up in the idea that you are going to make it work no matter what. Let's face it, some deals just won't work and you have to let them go.
Ultimately, the person who gets the best deal is the person who is the least motivated. You have lots of potential homes to purchase... the Seller only has one home to sell.
Work up the numbers.
First, you need to know what the current market value of the property is.
Do this by going to your title company (you can pick ... more...
Originally Posted on 8/2/2005 1:13:25 AMContent source:


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