Posted by jimcw on May 05, 2008 at 18:24:48:
I located an existing medical/dental building with additional two lots( not formally on the market )...potential buyer had the properties appraised....came in 800,000.00 less than what the owner wants(owner recognizes the potential for increased value in six years of this superbly located site when he retires .He will pay some rent to the buyer for one office space so as to carry on his practise for the six years . I'm suggesting the owner carry a second mortgage for six years . The buyer should also realize increased future value as our city has a strong economy . Would you concur on this approach or is there another more palatable way of making the two parties comfortable ?? Jim
- Re: creative financing Crystal Williams 11:01:17 06/01/08 (0)
- Re: creative financing brandoncbsre 16:00:47 05/06/08 (0)