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Motivated Sellers in Real estateby Charles

Motivated Sellers in Real estate

What Is a Motivated Seller?

A motivated seller is someone who wants to rid themselves of their property f or a variety of reasons. Notevery motivated seller needs to sell f or f inancial reasons; some of them are simply looking to get rid of arental property, while others are looking to move to a smaller home.

Why Do You Need a Motivated Seller?

Property investors can benef it a great deal by locating motivated sellers, because they can usually acquireproperties at great rates when they do their research properly. Many motivated sellers are willing to sell cheapbecause they simply do not want to go through the hassle of getting their property ready f or sale through arealtor, and this is where an investor can swoop in and save the day.

How to Find a Motivated Seller?

There are three ways to locate a motivated seller; through public records, Realtor s and online resources.Firstly, public records contain inf ormation relating to individuals who have f iled f or bankruptcy, as well ascondemned homes or code violations, and investors who can f ind contact inf ormation can call the owners toinf orm them that they would like to make a purchase on their home. Secondly, Realtor s are great sources ofinf ormation f or expired listings and specif ic search suggestions. Lastly, online resources can provideindividuals with inf ormation relating to properties f or rent by the owner, as well as f or sale by the owner.