Daniel R Mil…, Home Buyer in Powellhurst - Gilbert,...

home mls#11/523

Asked by Daniel R Milan, Powellhurst - Gilbert, Portland, OR Thu Mar 24, 2011

have 20,000.$, could you find out if owner would carry remainder contract?

Help the community by answering this question:


Hi Daniel,

Usually, if you are working with a Real Estate Broker, he or she would ask you to get you pre-approved for the price of home that you want to make an offer for.

And, you would need to let them know why you would like to have a Seller Carry back a contract.

Best wishes,
0 votes Thank Flag Link Thu Mar 24, 2011
I'm not sure how much research you've done, but I'd suggest you find a Realtor to work with.

At a minimum you need to see the inside of this home before writing an offer, and you really should look at comparable homes in the neighborhood.

Owner carries have many advantages, but they also have risk for both parties.
0 votes Thank Flag Link Thu Mar 24, 2011

Before asking I wanted to make sure that you know in seller carried contracts that the $20,000 would be non-refundable. If for any reason you decided to not purchase the home that money would remain with the seller.

I will check with the owner to see if that is an option for them.

Thank you,
0 votes Thank Flag Link Thu Mar 24, 2011
To obtain this type of information, you would need to have your realtor communicate wwith the sellelr's agent
or put the desired terms into a sales agreement.
0 votes Thank Flag Link Thu Mar 24, 2011
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