Seller financing offers

Hi there,

We are trying to sell our house in a popular city but the market has slowed greatly in the last year. Our house also has a few quirks that I never had an issue with but seems to be putting buyers off. The price has dropped by 55K in total but still no offers from regular ppl.

Here's the thing, we are getting a steady stream of seller financed offers from companies.

Here's an example:

Offer Summary

 • Purchase Price: $350,000.00

• Cash to Seller at Closing: $10,500.00

• Listing Agent Commission: $10,500.00

• Existing Loan to Be Taken over Subject-To: $235,425.00

• Seller Finance (7-Year Balloon): $93,575.00

• Monthly Seller Financing Note Payment: $259.93

• Total Net to Seller: $104,075.00

Key Terms

 • 30-day closing (flexible if needed)

• EMD: 1% to be deposited to the title company

• Structure designed to maximize net proceeds to your client

Obviously we would counter with better numbers but I wanted to gauge people's reaction to these. Are they an absolute no-go? Or would you consider if it's the only option?

AI suggests a real estate lawyer could draw up various papers (Promissory Note, Personal Guarantee, Hazard Insurance Requirements, and a few others) that would help protect us.

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u/laurieislaurie — 2 days ago

Indian buffet

Is there one in town or nearby?

Follow up, what Indian spot has the best lunch deal or a good set menu dinner deal?

Sincerely, hungry but poor Indian food lover.

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u/laurieislaurie — 11 days ago

2nd wind card mastery

Anyone had a good experience with this? I'm in the process of moving from ehp into GC for tournies, but I guess I'm still hybrid because I still do best with sharp fortitude.

So for tournies I have damage+ & ST+, and about to get DM+. But x10 regen/wall regen still seems crazy powerful even if I'm focusing on damage.

Good idea or is it short term thinking? Better to go with attack speed, crit chance, ult crit or energy Net instead?

Bonus question:

for those who made the transition to GC, what module did replace your Sharp Fortitude? My ACP is stuck at mythic but I could see it becoming the best if I can get it to ancestral.

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u/laurieislaurie — 28 days ago