Chief Tutor
11-09-2006, 09:03 PM
Hello I am an investor/agent who purchases owner financed notes for Residential and Business Notes. Anytime you need to get a property sold fast consider having the seller offer owner financing. I will in turn arrange the purchase of the note right out of escrow at closing. Typically appealing notes can be structured as follows:
10% DOWN 9% INTEREST AMORITIZED OVER 30 YEARS WITH A BALLOON PAYMENT IN ABOUT 7 YEARS.
How does this method help the situation you ask? Simply offering owner financing will draw more attention to the listing. The buyer who thought he could not qualify for a house/business now has the property, the frustrated seller now has his money and you now have yours. Everybody is happy. Please keep this in mind and EMAIL ME FOR DETAILS IF I CAN BE OF SERVICES TO YOU. ALL QUESTIONS ARE WELCOME.
Posted by DEE - http://www.realestateforum.com/member.php?u=2071
http://www.realestateforum.com/images/buttons/edit.gif (http://www.realestateforum.com/editpost.php?do=editpost&p=11912)
10% DOWN 9% INTEREST AMORITIZED OVER 30 YEARS WITH A BALLOON PAYMENT IN ABOUT 7 YEARS.
How does this method help the situation you ask? Simply offering owner financing will draw more attention to the listing. The buyer who thought he could not qualify for a house/business now has the property, the frustrated seller now has his money and you now have yours. Everybody is happy. Please keep this in mind and EMAIL ME FOR DETAILS IF I CAN BE OF SERVICES TO YOU. ALL QUESTIONS ARE WELCOME.
Posted by DEE - http://www.realestateforum.com/member.php?u=2071
http://www.realestateforum.com/images/buttons/edit.gif (http://www.realestateforum.com/editpost.php?do=editpost&p=11912)