Owner Financing: Why Would You Consider Such a Thing?
Owner Financing is once again a way to sell a property. Home sellers and realtors can have houses under contract in a little as 2 weeks. There is a revolution taking place in the mortgage markets. The days of sub prime lending are over, at least for now.
Why Do Home Sellers Need This?
* The Real Estate market sucks. Look at the news or read a paper. This isn’t going to change anytime soon!
* Buyers have to offer their first born in order to get a loan?
Without financing you have no sale. Without funding you have no sale.
Can you answer yes to the following questions?
1) Do you have equity in your property?
2) Would you like a premium price for your property?
3. Would you like to sell the property quickly?
This is done with a real estate note or transferable seller financing technique.
This type of financing allows you to offer and create owner financed loan with your buyer, then you transfer that note to us at closing and we pay you cash for note, less a small discount. You never have to collect payments, and you aren’t responsible for the note after we buy it. You walk away from closing with cash for your equity and your mortgage paid off.
The credit challenged buyer market has exploded during the sub prime financing meltdown. Mortgage lenders have placed many restrictions on lending. Perfect credit buyers are in control and will beat you up on price, condition of property and even have you pay closing costs.
Today there are thousands of buyers wanting to get into a home for their family. With owner financing you are back in control.
*Advertising your property with owner financing you attract ten times more buyers,
you will sell your home faster.
* You can demand and receive full market value for your property.
* You can end up with a lot more money in the long run than you can requiring the buyer to get traditional financing.
* If you follow our suggestions we will purchase the note at closing, giving you cash in your pocket.
p.s. Go check out the 1st ten minutes of this video. You will understand why it is important to understand what is coming in the real estate market in this country. http://www.todaysownerfinancing.com