possible deal...need opinions.

howdy yall

Here is the spill. owner has home appraised for 86K, homes in that area are selling for 80K. willing to walk away with 10-15K. I know I can negotiate him down to 12.5K. 32k in equity. Wife doesnt want to sell yet. how can I get her to sign the contract? and is this deal worth my time? This would be my first deal.

Looks to be a great deal!! The best way I found to get them to sign is to put a contract in front of them!

                                       Robb

Is she on the title? If not, you could just keep the pressure on the owner. If so, I really don’t know what to do - maybe offer an incentive of some sort, but I don’t know if that would be considered a bribe and therefore illegal or not.
Good luck!

Thanks for the replies

Yeah shes on the title. the owner wants to live an assisted living community but the wife doesnt want to move yet. what could I say to her to convince her?

In a great many states, it doesn’t matter if she’s on the title or not.

Even if I weren’t in a community property state, I would NEVER think of doing a real estate deal without my wife (she’s my partner in ALL things!) concurring 100%.

Trust me, it’s better that way.

Keith