Agent

Being nosey may snag real estate bargains

Part 3: How to profit from fixer-upper homes

As longtime readers know, I've been buying fix-up single-family houses and writing about earning profits from these homes for many years. In this three-part series I will share my tips on how to find the perfect flipper properties. (See Part 1: Fast fix to make a real estate buck and Part 2: Surprising places to find real estate flipper properties.) OPPORTUNITY 3 – ASK LOTS OF QUESTIONS TO DISCOVER MOTIVATED SELLERS AND WHY THEY WANT TO SELL. A question I always ask when considering a possible property purchase is "Why is the seller selling?" Only once was I ever told (by a nasty real estate listing agent), "It's none of your business." I later learned the retired old couple was selling their house to move to sunny Palm Springs, Calif., and I could have easily obtained low-cost seller mortgage financing if I had been more persistent! Purchase Bob Bruss reports online. There are many reasons why homeowners and investors decide to sell. Some just want to take advantage of a stro...

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