Real Estate Rookie Never Do a Seller Financing Deal Like This… (Rookie Reply)
Nov 7, 2025
Real estate horror stories take center stage as a buyer delays closing with ever-evolving excuses, leaving sellers anxious in the slow season. Another chilling tale unfolds with a seller financing nightmare, where a buyer stops payments and squats in the basement! Experts offer insights on dealing with flaky buyers and evicting squatters. The discussion wraps up with a thought-provoking debate on whether landlords should include washers and dryers in rentals, with a surprising take that challenges conventional wisdom.
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Relisting Creates A Stigma
- Relisted properties can carry a stigma that invites lowball offers.
- Time on market and a failed contract can reduce buyer confidence and bargaining power.
Talk To The Buyer Directly
- Contact the buyer directly to learn the real financing issue and offer practical contract changes.
- Use direct communication to reveal whether the buyer is credible before more concessions.
Seller-Finance Deal Turned Nightmare
- A seller-financed buyer stopped paying, ran an Airbnb, caused damages, and left tenants stranded.
- The seller faced $18,000 owed, property damage, and a legal battle including a $5,000 retainer.