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Creative home or business sellers who offer seller financing to potential buyers can often sell their homes or businesses more quickly (and at a higher price) in a slow market.
While applying seller financing techniques isn't more difficult than traditional real estate sales, it is important to recognize that the buyers looking for seller financing represent a different target market than typical bank-financed…
Posted on April 21, 2012 at 5:00am
Seller financing can be an extremely useful option to sell a house or business in a slow real estate market. Unconventional private lending is a great way to increase the overall sales closing ratio. When the property owner is willing to "carry back" a note, it is often possible to obtain a higher selling price and reduce the time needed to find a buyer. Plus, creating a note secured by real estate can give the seller a steady, interest-generating income stream for their long-term…
ContinuePosted on April 8, 2012 at 12:06am
© 2012 Created by Mike Filsaime.
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