Q: I have property in Texas 15 acres an investment.. I found a house in Southern Alabama. I would like to trade the 15 acres for the house. They are not equal in price. The house is for sale by owner. Can I do this? Who can help me?
?James, Bedford, TX
A: Dear Bedford TX- Your question of trading Real Estate in Texas for property in Alabama is as complex as you can imagine.
The home you wish to buy will typically be a homeowner needing ca$h instead of another asset that is not liquid?UNLESS the Seller in Alabama has lots of cash and you are offering a very low price as compared to market prices.
The old saying that ?Time is money??rings true here. Your transaction will be highly unlikely?not impossible. Selling your land first will bring the highest possible price for someone wanting land in Texas?and then your offer on the Alabama property with cold cash is more promising.
Good luck with your transaction(s)!
Larry Simons is a Realtor? with Century 21 Maselle & Associates in Flowood, MS
Are you interested in having a qualified REALTOR answer your questions? Click through to Ask a REALTOR? now.
Are you a REALTOR who would like to answer consumer questions? Click through to become an Ask a REALTOR? participant.
Related posts:
- Will HUD Take A Home In Trade?
- How Can I Speed Up The Sale Of My Home?
- Can I Take Advantage Of A Co-Worker Filing A Quit Claim Deed On Her Home?
- How Do I Calculate Land Value?
- Can Someone Do A Land Contract On A Home That Has An Existing Mortgage?
Source: http://www.realtor.com/blogs/2012/08/20/can-i-trade-real-estate/
sparkle sacagawea new hope baptist church associated press foster friess new orleans hornets ghost rider spirit of vengeance
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.