Monday, November 17, 2008

Big discount offer

Usually if you get a big discount there is a very good reason.

Generally homes in SE Idaho are priced with about 1% to 5% play in the price.

This works great if you want the seller to pay your closing costs.

Here is one deal that I got a big discount for the buyer.

This was a bank repo and a manufactured home to boot. The home was the most disgusting home I think I have ever been in, and I have walked through quite a few.

There was garbage and animal waste every where, both in and outside the home.

The home was newer even, but the people before made piggy noises.

The home was listed at $90,000, and we offered $60,000. The bank signed it first time.

These people truly earned their equity on this home because they paid several people just to come in and haul off junk. They had to replace all of the flooring and paint the walls.

They did a great job though, and less than one year later, their home appraised for $105,000.

I am not sure I would go through what they did to get what they did, but they did.

Usually to get a big discount, you have to justify your offer to the seller. The seller has to be flexible also. These two things make good deals happen.

Thanks Burke Bennett
http://www.seidahohomes.com/
208 589 5599
burkebennett@hotmail.com

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