What motivates off-market property owners to sell?

Financial

  • Pre-foreclosure
  • Mismanaged rentals
  • Bankruptcy
  • Loss of job
  • Failed business
  • Failed rehabber
  • Major lawsuit pending
  • Little or no equity
  • Mortgage payments are too high

Situational

  • Divorce
  • Outgrown house
  • Retiring to another state
  • Job transfer
  • Age/failing health
  • Built new house
  • Death of family member
  • Inherited property
  • Property sitting on market
  • Wants to move back home

Property-related

  • Vacant property
  • Title problems
  • House needs repair
  • Code violations
  • Property functionally obsolete
  • Fire damage

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