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You are here: Home / Archives for seller financing tips

Sell Property Fast With Owner Financing

By Phil and Melanie Jacob

When a property isn’t selling most real estate agents are quick to suggest a reduction to the sales price. It is common to see the tag line “Price Reduced” added to for sale signs, listings and ads. Rather than just reducing price… consider offering owner financing to sell a property quickly! In today’s real estate […]

Filed Under: Seller Financing Tips Tagged With: owner financing, sell mortgage note, seller financing, seller financing tips

5 Reasons Owners Offer Seller Financing

By Phil and Melanie Jacob

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 […]

Filed Under: Seller Financing Tips Tagged With: owner financing, private mortgage notes, seller financing, seller financing tips

Avoid Three Seller Financing Mistakes

By Phil and Melanie Jacob

Would you rather have $97,000 to sell your $100,000 note or only $80,000? The difference in usually comes down to the big three. Here’s the three biggest mistakes note sellers make and how to avoid flushing money down the drain. Mistake #1 – Failing to Check Credit The payer’s credit report lets you know how […]

Filed Under: Seller Financing Tips Tagged With: owner financing, seller financing, seller financing mistakes, seller financing tips

Seller Financing – How Much Can The Buyer Afford?

By Phil and Melanie Jacob

Many sellers accept owner financing without any idea of how much the buyer can actually afford to pay. The last thing a seller wants is to stress over receiving monthly payments or worse, getting the property back through foreclosure. 3 Ways to Calculate Payment Affordability Before Accepting Seller Financing The amount a buyer can afford […]

Filed Under: Seller Financing Tips Tagged With: mortgage note payments, owner financing, seller financing, seller financing tips

Safe Seller Financing Tips

By Phil and Melanie Jacob

It’s a tough time to sell a house. Hoping to stand out from the crowd, sellers are advertising “Owner Will Finance!” Accepting payments over time provides buyers an alternative to bank financing. Of course sellers don’t want to trade a house that won’t sell for a buyer that won’t pay. Before you agree to “Be […]

Filed Under: Featured Articles, Seller Financing Tips Tagged With: owner financing, seller carry back, seller financing, seller financing tips

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40315 Michigan Ave #31
Canton, Michigan 48187
Phone: (248) 809-1241
email: 1noteworthydeal@gmail.com
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