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Seller Financing Home in LA

Looking for a condo in LA area with seller financing, $120,000 down. $600,000 up.

Does anyone have any recommendations?
  • August 04 2014 - Los Angeles
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Answers (5)

I know of a few in Woodland Hills, Simi Valley, and Moorpark if you're interested. 
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  • August 18 2014
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This option "used" to be common years ago, but as of late I have not seen any seller's willing to offer financing. It's something that you could suggest to a seller when making an offer, but I would also have conventional financing ready as well.
  • August 17 2014
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Profile picture for aracz
Sometimes your local agent can find seller financed listings in their version of the MLS. In our MLS for example, one might look for SMC (Seller May Carry) 1st, or 2nd loan.

Kind regards,

Arpad

 

 
  • August 05 2014
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I would recommend you try to find the seller yourself. Perhaps a hand written letter will do. But I agree with wetdawgs, you should consider conventional financing. New programs are coming out everyday to help people purchase "outside of the box"

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  • August 04 2014
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Seller financing tends to have very high interest rates, and also is very rare.  Is there a reason you don't wish to buy with a traditional mortgage?

  • August 04 2014
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