This real estate deal comes from one of our owner finance deals that we have sold to someone and for one reason or another, we ended up getting it back. We bought and sold this Adamsville, Tennessee house about 5 years ago and when we bought it, the owner at the time (Benny Austin) extended owner financing to us. We put some money down and our payments were about $200 a month for 4 years. — We sold the house using owner financing and their payments to us were about $220/mth for 15 years. So as you see, in the 5 years we have owned it, it is now paid off. When we got it back the other day, the neighbor Jonathan McCasland asked me if we would sell it to him, and since he was a past client of mine, we decided to give him a good deal on it. SO NOW THERE IS A SALE PENDING~!
I LOVE REAL ESTATE~!
Do you think this was a good deal for us and a good deal for the neighbor?
Comment below~!
