Examples of Selling to
Medlin Properties
Example #1  Seller saves $4,000!

Option 1: The Seller uses a Real Estate Agent
  • A Real Estate Agent list the townhome for $85,000
  • The seller and a buyer agree on a price of $83,000.  In this
    example the townhome was on the market 4 months until a
    contract is signed.  It typically takes another month for the
    buyer to get approved for a loan and close on the mortgage.  
    The seller moved into their next home so the seller pays the
    mortgage on the townhome and the new home until the
    closing which was 5 months after the seller listed the
    townhome.  This cost the seller 5 times the townhome
    payment of $600 which is $3,000!
  • Because the buyer doesn't have much to put down, part of
    the agreement was for the seller to pay $4,000 in closing
    costs (very common).  
  • At closing the seller pays 6% of the selling price ($83,000) in
    Real Estate fees.  So the seller pays the Real Estate Agent
    $4,980.
  • So the seller walks away from the closing with $74,020

Option 2: The Seller calls Medlin Properties
  • The seller calls Medlin Properties and sets up a "walk through"
  • Someone from Medlin Properties walks through the townhome
    and Medlin Properties and the seller agree on a selling price
    of $75,000.  The contract is signed at the "walk through" just
    two days after the seller calls Medlin Properties.
  • Medlin Properties pays for all closing costs and the seller
    walks away with $75,000. The closing takes place just three
    weeks after the seller called Medlin Properties.

In this example the seller walks away from the closing with about
$1,000 more and doesn't have two mortgages which save another
$3,000.  The seller in this example saves $4,000 by calling Medlin
Properties and has a closing date convenient with when the seller
wants to move out of the townhome.  
Example #2  Seller saves $6,200!

Option 1: The Seller uses a Real Estate Agent
  • A Real Estate Agent list the townhome for $79,000
  • The seller and a buyer agree on a price of $75,000.  In this
    example the townhome was on the market 5 months until a
    contract is signed.  It typically takes another month for the buyer
    to get approved for a loan and close on the mortgage.  The seller
    moved into their next home so the seller pays the mortgage on
    the townhome and the new home until the closing which was 6
    months after the seller listed the townhome.  This costs the seller
    6 times the townhome payment of $700 which is $4,200!
  • The buyer agrees to pay all the closing cost.  With this in mind
    the seller agreed to sell the townhome for $4,000 off the list
    price.  
  • At closing the seller pays 6% of the selling price ($75,000) in Real
    Estate fees.  So the seller pays the Real Estate Agent $4,500.
  • So the seller walks away from the closing with $70,050.

Option 2: The Seller calls Medlin Properties
  • The seller calls Medlin Properties and sets up a "walk through"
  • Someone from Medlin Properties walks through the townhome
    and Medlin Properties and the seller agree on a selling price of
    $72,000.  The contract is signed at the "walk through" just two
    days after the seller calls Medlin Properties.
  • Medlin Properties pays for all closing costs and the seller walks
    away with $72,000. The closing takes place just three weeks after
    the seller called Medlin Properties.

In this example the seller walks away from the closing with $2,000 more
and doesn't have two mortgages which saves another $4,200.  The
seller in this example saves $6,200 by calling Medlin Properties and
has a closing date convenient with when the seller wants to move out of
the townhome.