Jul '24 • Q&A
Novation??
So, we just locked up our first novation contract, kinda. We have this lead under contract as a cash deal. I have built a great relationship with the seller. We have been struggling to move the deal because we locked it up a little too high. So, I went to the seller and told her I had it locked up too high, and she's just in a position where she can't take any less. However, she agreed to allow me to take it to the MLS as a novation deal. Does anyone in this group have experience with doing those types of deals that would be willing to share advice and the do's and don'ts?
3
12 comments
Alex Henry
3
Novation??
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