Thursday, August 4, 2011

How to convince an owner of a "no money down" offer

By: Trace Trajano
The worst way for you to convince an owner of a "no money down" offer is by saying the words "I will make you a 'no money down' offer." That just won't work because it's ridiculous. It's as ridiculous as approaching a girl for the first time and asking her "Will you marry me?"



In this email I will reveal how you can make a "no money down" offer to a seller and he will thank you for it.



Well before I reveal to you the sec.ret, let me just preface this by saying that...a 'no money down' offer won't work for all sellers. It will only work for a motivated seller. A motivated seller is a seller who needs to sell his property. A motivated seller is desperate for a solution to his real estate problems.



An example of a motivated seller is a seller who needs to go abroad for a job immediately. His choices are very limited. He either loses his opportunity to go abroad or makes money with his property. Chances are good he would rather breakeven or even lose money with his property rather than lose a job opportunity. If you can come in and solve the seller's dilemma, you can buy his property with 'no money down'. You can make him an offer like this: "What if I take over your mortgage payment so you don't have to worry about it?" Notice, you did not offer a downpayment - hence, it's a "no money down" deal to you and it's a good deal for the seller. Of course before you make this offer, you have to be able to follow through with it in case the seller says "yes".



In my last real estate seminar, I will reveal different ways to acquire properties with 'no money down' or 'no money out' - and more importantly, how you can make money with it.



Dedicated to your success,

Trace

P.S. I will cover "taking over the mortgage payment" and other "no money down" techniques in just one of the 4 modules or mini-seminars (4 hours of content-rich seminar) in my last TRQ Seminar. C.lick H.ERE to learn how to acquire properties with "no money down" and more importantly, how to make money from it.



DISCLAIMER: the above email does not represent legal, investment, real estate or financial advice. Consult your licensed professionals before investing.

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