Sellerís Objections Answered
Answer: Do the same as I do, take subject to your sellerís loan when you buy.
I donít want the loan to stay in my name for longer than X months/days/years.
I donít want to keep the loan in my name, PERIOD!
If I keep the loan in my name how do I know you will make the payments?
We need more money than that!
Another investor said heíd give us more money than what youíre offering.
We donít want to sell our house, we want to keep it.
I donít care about my credit; it's already ruined.
Iím not going to tell you what I owe on the house, thatís personal.
Just make me an offer (over the phone).
We are going to counter offer.
I need to talk to my husband/wife before I make a decision.
We want to think about it.
We are going to talk to other investors to see who will give us the best deal.
We want to rent it back from you.
I'm just going to file bankruptcy.
What makes you so different from every other investor who knocked on my door.
My foreclosure is already taken care of.
My friend/relative is going to loan me the money to bring the payments current.
What if your tenant/buyer wrecks my house?
When your tenant/buyer exercises their option who will pay closing costs?
What are you going to do with the house after you buy it.
What if you donít exercise your purchase option, what happens then?
Iíd rather let my house go to foreclosure than give it to you.
Iíd rather let my house go to foreclosure than let my ex-wife get any money.
I donít care if I have a foreclosure on my record. My bad credit record will go away in 7 years anyway.
OK, I understand youíre going to reinstate the back payments and pay me $5,000 cash upfront plus an owner carry-back trust deed. But what happens if you canít sell the house thereafter?
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