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May 25, 2012, 01:17:36 PM

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Real Estate Investing Forums  |  Real Estate Investing  |  Sub2, Owner Finance, Options, Lease Options Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Can a Licensed Agent sell own L/O Properties « previous next »
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fatmaxxv
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« on: May 08, 2003, 08:01:11 AM »

1. What are the liability issues with me as an Agent, who wants to sell my own  properties as L/O?

2. In the Dallas area metroplex, we have seen a tremendous growth in Plano, Richardson and especially McKinney, Allen, Frisco areas. It's not surprising to say that it's been 5-8%. When determining the sales price in L/O, could someone give a ballpark on how much increase to safely assume for both the tenant/ buyer and me?

Thanks.
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« Reply #1 on: May 11, 2003, 05:55:07 PM »

fatmaxx,
I know there are agents here who do the same routine.  I do believe they have additional disclosures to protect themselves, but I would think you can ask around to find someone knowledgeable who can assist you with this.

I'm not licensed so can't help much there.

I know some folks say poor quality buyers don't care about price, only payment.  That has not been my experience.  I've found I need to stay within 10% or less of the current value, depending on the market.  Additionally, the property has to appraise if they actually get around to buying the thing.
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fatmaxxv
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« Reply #2 on: May 12, 2003, 07:19:34 AM »

Thanks Tim.
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Real Estate Investing Forums  |  Real Estate Investing  |  Sub2, Owner Finance, Options, Lease Options Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Can a Licensed Agent sell own L/O Properties « previous next »
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