Seller Finance Success: Making a Difference!
Over the past week, I’ve built strong relationships with two homeowners in St. Petersburg, FL, who were severely impacted by Hurricane Helene.
These homeowners have been bombarded by inexperienced wholesalers making insultingly low offers, assuming they’re desperate to sell for pennies on the dollar. But let’s be clear—these folks aren’t distressed because they want to offload their homes for nothing. They’re distressed because they’ve endured one of the most catastrophic hurricanes of the century.
To protect them from being exploited, our team stepped in with retail offers on their storm-damaged properties, transforming these normally difficult deals, into lucrative opportunities for our team of two.
Since they owned their homes outright, we structured a seller financing agreement with no down payment, zero interest, and very low monthly payments for two years before a balloon payment is due.
This approach created a win-win for everyone involved, expanded Redefined x Astra’s portfolio into southeastern Florida, and turned a tragic situation into a mutually beneficial outcome.
Before approaching a seller in a difficult position, ask yourself, “Is there a way to create a deal where both sides truly benefit?”
Remember, a strong reputation and ethical business practices are worth far more than a quick profit.
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Chris V
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Seller Finance Success: Making a Difference!
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