Monday 27 March 2017

Crazy ideas that worked. (sold trees for Down payment)

Years ago I had a client who had always wanted to own a quarter section. He wanted it in a quiet, secluded, location with lots of trees and a big shop. One day we found the perfect place for him but there was one small problem...they didn't have enough money for the down payment. I looked around and saw that on this quarter section probably 120 of the 160 acres was tall spruce trees. I thought, "you could hire the guy with the mules and they could do selective logging of the trees".
The trees were worth about $1000 each and he needed $40,000 for the down payment. We had the owner carry financing for a few weeks while we had the trees logged and got enough money for the down payment. They actually used the property to buy the property and ended up with their dream! Sometimes you have to get really creative in this business.

You know the saying, "You can't see the forest for the trees"?
Well, that day I was fortunate enough to see the forest and the trees.

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Penny/Bryce Kander
Realty Executives Red Deer

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