Posted by: Matt B ®
02/02/2005, 19:20:23
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Since others read this, I have to restate something. Advising people to try to overprice a property by "a minimum of 15%" is BEGGING for problems. Values do not always go up. Banking your deal and your buyer's ability to get financed on an overpriced property on what it MIGHT be worth at some point down the road is a SUREFIRE way to have rent to own deals go sour. What if values go down? What if they simply stay the same? Your buyer will NOT be able to get financing if you try to sell this way! Are you psychic and KNOW that values absolutely will go up "a minimum of 15%"???? Matt Bowman
Related link: www.REItoolbox.com
Modified by Matt B at Wed, Feb 02, 2005, 19:27:05
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