I made an offer to purchase an acre of land today. It is in the county has a dip in the middle and is surrounded by trees.
The beauty and complications of this offer is that it is a portion of an existing property that is financed by the bank. For the seller who is struggling with making the payments on her existing loan, selling a portion would alleviate some of the stress.
The complication includes the offer that wraps around the existing mortgage and will need the banks approval. Should we receive that I will include the details for you to copy.
It has been an awesome day. Tomorrow, I will make offers on 2 additional properties. The reason for the multiple offers is that when you are negotiating to purchase without putting money down, it is a numbers game to receive a good acceptance. It’s a fun way to go!
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