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Replies (8)
- afram asmar, "aframasmar05"
- Contributions:22
thanks for your tips
- Walters Consulting
- Contributions:1661
thanks spammer!
- John Wen, "TopHomeSellingTips"
- Contributions:22
You are welcome
- SellFinanced.com
- Contributions:7
We have a free listing service specifically for owner financed homes with many listings in most states and buyers can search by down payment, monthly, rate, etc. Check it out at http://SellFinanced.com Buyers can also list wanted ads with specific terms. Monthly payments are calculated automatically.
- Carol-Lynne Mittelbusher, "Carol Lynne"
- Contributions:642
What is this, the SPAM channel?
tasty
- Mike_oxafloppin
- Contributions:2851
I like my spam cooked with cheese and eggs on bread please.
- Carol-Lynne Mittelbusher, "Carol Lynne"
- Contributions:642
I love how someone came in and took the time to give me and Carrie "no" votes. Isn't that special??
How To Sell Home Fast In Slow market
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Contributions:22Real estate market is slow in some places now. So as a seller, you have to be creative in the way of home selling. Here are some methods for home selling.
1. Cash closing:
Buyer pays the sale price at closing in cash regardless where the funding source is from a lender or the buyer. This is the one most people already know and use.
2. 100% owner financing:
Seller finances 100% of the purchase price and no bank is needed. Usually, the owner has a lot of equity in the house and knows a lot about financing, including the risk and how to protect buyer default.
3. Partial owner financing:
Buyer gets a mortgage loan of certain percentage, for example, 80% or more, of the mortgage loan from a lender. Seller finances certain percentage of the sale price by taking a note back as the second lien holder on the property.
4. Lease option, also called lease purchase or rent to own:
Buyer leases the property for certain months with an option to buy the real estate property at the agreed purchase price at the end of the lease. Buyer will have to pay the option money or down payment at the beginning for that purchase price and the rent each month.
5. Open house for bid:
It is a method used by some experienced real estate investors. The real estate investor put a lot of efforts to market the property and brings a lot of potential buyers to see the house and let them bid on the house. The seller usually has a reserve if the highest bid does not meet seller’s bottom line.
I will give you more details on 100% owner financing, partial owner financing, lease option, and open house for bid in my blog next few days. I will give my top home selling tips to you on each of them. So stay turned with http://besthomesellingtips.com.
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