Home Forum Contact Create an Account Sign In Create a Trust

Partnering with the Seller

This topic contains 7 replies, has 0 voices, and was last updated by Avatar of harrah harrah 15 years, 6 months ago.

Viewing 9 posts - 1 through 9 (of 9 total)
  • Author
    Posts
  • #91
    Avatar of harrah
    harrah
    Member

    I have seen some posts by different people who talk about partnering with the seller to get them to pay things like advertising costs.

    #7372
    Avatar of scott_l._moyes
    scott_l._moyes
    Participant

    After the seller understands enough about the NEHTrust System to be comfortable with it I also show them the expected Closing Costs.

    Trust Setup 1% of MAV
    Trustee Fee $500
    Escrow $1000 to 1500
    Facilitator Fee $500 (if any)

    This all adds up to approximately $4500 on a property of $200,000.

    #7373
    Avatar of bill_gatten
    bill_gatten
    Participant

    Scott,

    Instead of answering these questions…(on which you’re doing a great job, BTW) I would vote instead for your getting the pamphlet data to me asapoetically!

    #7374
    Avatar of scott_l._moyes
    scott_l._moyes
    Participant

    Took a break, couldn’t resist.

    #7375
    Avatar of trustme
    trustme
    Member

    Alan,

    The way I look at it, if you have a deal with little or no equity, it’s a great time to have the seller pay for such things as advertising, home inspections, etc.

    #7376
    Avatar of harrah
    harrah
    Member

    A question related to all this.

    #7377

    Great question!

    #7378
    Avatar of jim_pasquini
    jim_pasquini
    Member

    Here is your answer…

    You always want to buy their house.

    #7379
    Avatar of bill_gatten
    bill_gatten
    Participant

    Butt how ’bout: “I’ll help you sell this dog if you make me a managing partner in it, carry your equity, and agree to hold it for five years.” (?)

Viewing 9 posts - 1 through 9 (of 9 total)

You must be logged in to reply to this topic.

Posted in
Contact Form
Your Fullname:


Email Address:


Phone:


Best Time to Call:


Subject:


Your Message:


Security Code:

 

Can't read the above security code? Refresh