Sellers want top dollar, so buyers need to offer a haircut on price. Propose a two-year owner-carry buyout for the existing note. If they say no, walk and find another buyer. Then draft a Letter of Intent fast to look serious.
People sell property, they go for the most that they can possibly get. They don't try to go less. So if we don't try to go with the best that we can possibly get, it don't make sense. Right. And so on this deal, he's gotta take a haircut and it's gotta make sense. So if they want to sell it, that's the way they do it right there. And we do a 2-year buyout with them on the owner carry part, just to get through the note. And that's it. If they don't like it, too bad, sell to somebody else. Good luck. And move on. So go ahead and hit the dictate button. Put together, put together an impromptu LOI using all the components of a letter of intent necessary for it to be considered professional. And we want to use the, use the information that we currently have to do that.
