To Put That Great Deal Together You Have To Find That Motivated Seller

Category: Finance, Real Estate.

Becoming a real estate investor and a home flipping buyer is a great way to invest in the real estate market. Although sometimes it seems impossible to find them, with hard work and persistence they do exist.

There are great deals in every market even hot real estate markets. To put that great deal together you have to find that motivated seller. Finding the right seller requires a lot of things, advertising for distressed, knowing your market properties, and most importantly providing a solution for people in these situations. Finding motivated sellers isn' t easy because most sellers in the real estate market are not motivated enough to sell at a below market value price. There are a lot of reasons why people become motivated to sell their homes. That being said life happens, which in some cases causes people to become very motivated to sell their homes.

It is conceivable to believe that time and money will solve any real estate problem no matter what the situation is. Motivated sellers aren' t going advertise that they are ready to sell now. Issues to look for when finding motivated sellers are: Divorce: As unfortunate as divorce is, it causes situations where the people involved want to discard everything that represents their married life, including property. Sometimes it takes some investigative work by your or your real estate agent to understand the situation. Most of the time, both parties are happy to sell the home as soon as possible and move on. They find a great deal, that needs more work than they can handle and it becomes a nightmare. Home Flipping Repairs: Sometimes inexperienced or first time investors get into a project that is over their head.

Become their hero, take the project off their hands, and make it seem like your doing them a favour. In these cases family members are motivated to sell properties to help ease the stress and emotions of the situation. Death of a Loved one: It is terrible to lose a loved one and the emotional impact and stress of dealing with an estate for the family can be overwhelming. Transferring to a New Job in a New City: Usually situations such as these are surrounded by certain time constraints. These are just a few cases where you can find motivated sellers and property bargains. When these timelines starts to run out and time is not on your side, the house hasn' t sold and the fear of paying a mortgage for 2 homes starts to become a reality, sellers become very motivated to sell their existing property and move on.

By finding and dealing with motivated sellers you will be able to get great deals on properties.