A position of strength is very important in any real estate transaction.
Jim Craig, a student from one of my classes, had an “Aha moment” regarding this very thing.
I’ll let him speak for himself:
“They say we need proof of funding or to know how strong the investors are before we bring this agreement in front of a seller.”
“My response back to him is we have enough money to cover a 20% down payment, and frankly, my clients are not about to release their financials unless they have something concrete, a signed deal. When they pass that information back to the seller, the seller says, ‘That’s fine. No problem.’”
Perfect– very powerful, What can they say to that. Thanks, Lance
Very Helpful!
Thank you Lance.
Don
Mar Vista Blanchard Properties LLC