Seller Financing is vastly overlooked when it comes to selling a home faster. For Sale By Owner houses can sell at a much better rate, many people don't know that they have that option when it comes to selling their homes. It seems to be a growing trend, if you ever look on For Sale by Owner. com sites you will see what I mean. You may shy from the concept of For Sale By Owner because you are worried about the buyer not keeping up their end of the deal even though you have gone through a title company, however, there is a solution to that. Did you know that you can sell the real estate contract that you create when you sell your own home? So not only would you have sold your home by your own standards and decisions, but you don't have to get monthly payments either. Meaning that if you sell your real estate contract to an investor like us, you get a lump sum of cash and don't have to worry about foreclosure if your customer backs out. You would have sold your home, made your cash and will be able to go on vacation, buy a new home, pay off some bills, etc. My husband and I can get you money for your real estate contract, if we can't buy it, we work work with over 300 investors.
There are plenty of pluses to this option, you can come up with your own deal, not the bank. And because you are setting the rules and not going by what a mortgage company decides you also open yourself up to a much larger market of customers. You set the standard, come up with your contract and go to the title company when you have a buying customer. You can cut out fees for real estate agents, so there is more money in your pocket. What's more, many people are having to make drastic price deductions on their homes because the mortgage companies aren't finding customers that "qualify" for your their price. When selling your own home there other options than price deduction.
Did you know many people can't get qualified to by a home simply because they have "new credit"? I have to tell you right now that even after almost ten years of established good credit our credit was still considered new. There was nothing wrong with our payment history, we were never late on a payment, but the credit companies still considered us to be "new", therefore it was harder for us to get qualified for a home, even though my husband and I had made enough money. Because we were a "young" couple and not in our 40's with kids in high school we were considered, yep you guessed it, "new". There are so many reasons that are somewhat ridiculous as to why people do not qualify for certain price ranges on homes, vehicles, if you can finance it you can find a reliable person who just can't meet financing standards.
Think it over. If you like what you see contact us through the e-mail link on this blog, if you still want more information check out our website Cash for Cash Flows.
For Now,
Lauri
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