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Buyers Guide to the Sell it Sunday Speed Sale® System for Buyers and Investors
So, what's the deal?
It's simple. There is a fun, new way to buy a home. It allows you to inspect a home, decide whether it is for you or not, name your price and have some fun.
| Is it an auction? Not exactly. It's better. With an auction you would be required to present down payment money the day of the sale and have to close the deal typically in 2-4 weeks or lose your down payment. Talk about PRESSURE! With a Sell It Sunday Speed Sale® you name your price on the day of the sale but then you enter into a standard purchase agreement with the seller. This means you still have time to get a professional inspection, line up your financing, account for contingencies, etc. It's low pressure, fun and safe. If you'd like more information about this for sale by owner system e-mail us or call 877-477-9444.
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| Is the seller really going to sell the home at a ridiculously low price? Each seller has their own motivation to sell. You can bet that if someone is using the Sell It Sunday Speed Sale® System, they are committed to selling their home. Make sure your expectations are realistic however. Not many sellers can take $0.50 on the $1.00 for their home. It does happen but not very often. More than likely another bidder isn't going to let someone walk away with that great of a deal. Free market capitalism reigns. If you could buy a dollar for $0.95 is it still a good deal? You bet it is. You just need to decide what you feel the dollar is worth and bid to that point. If you'd like more information about this for sale by owner system e-mail us or call 877-477-9444. |
| How do I know the seller isn't putting in false bids to inflate the price of the home? While there is no way to know for sure, take time at the inspection to meet the seller. Make sure you are comfortable. Note the bids already posted. The bidding is done in an open fashion so you can see the bids and bidders that are out there. Keep in mind, the seller is using this technique because they want to sell the home. If they put in fake bids and are the high bidder, the home won't sell and they will have to do the entire process all over again. The most important thing to remember is to bid to what you think the home is worth. If you'd like more information about this system e-mail us or call 877-477-9444.
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