Articles

Why would a seller allow a buyer to make payments over time for the purchase of property? Wouldn’t the seller rather get paid now and require the buyer to obtain a bank loan? Here are 5 reasons property owners offer seller financing: 1. Reduced Marketing Times What is the first thing a real estate agent does when property is not moving and has been on the market for 60 to 90 days? They reduce the price and add the tagline “price reduced” to all advertising and signs. Rather than reduce the price, it might be beneficial for the seller to offer financing. Buyers provided with financing can certainly pay full price in exchange for the many benefits they receive with owner financing, including the money they save by not paying…

Accepting payments on the sale of real estate might have made sense at the time, but circumstances change. Many sellers discover they would now prefer cash today rather than the small amount that trickles in each month. Here are just a few reasons people have sold all or part of their seller financed mortgage notes for cash: Retirement Taxes Investment Opportunity Expensive Medical Care Vacation College Tuition Unexpected Financial Changes Peace of Mind – no more worrying if the buyer is going to make late payments or having to foreclose Accounting headaches, IRS regulations, paperwork hassles Discover Your Options – Request a Free Note Analysis The only way to decide what is best for your situation is to know the options available. When you request a free note analysis it…