- Sell Your Home Quickly For Top Dollar :: Real-Estate-Informant.com

Tuesday, 22nd May 2012

home about authors news books xml feed sitemap privacy contact us

There are 14 users online

Mortgages
Agents and Brokers
Commercial Real Estate
General
Home Buyers
Home Furnishings / Interiors
Home Owners
Home Related Services
International Real Estate
Local Real Estate News
Property Maintenance
Property Sellers
Real Estate Education
Real Estate Industry
Real Estate Investing
Real Estate Law
Rental and Income Property
Retirement-Senior Housing

Our Newsletter

Subscribe
Unsubscribe

Voting Poll

If you had $20,000 to spend, which room would you do a makeover on?
	Bathroom
	Family Room
	Kitchen
	Living Room
	Master Bedroom
	Other Bedroom
	Outdoor Kitchen

Other Resources

For other sources of real-estate news, tips, and information, visit our resources page

Submit an Article

Would you like to have your article posted? Click Here

Sell Your Home Quickly For Top Dollar
Added: 02/03/2006 Type: Summary Viewed: 698 time(s) [ Not Rated Yet ]

How would you rate this article: Bad Good Go ť

Printer Friendly Version

Sell Your Home Quickly For Top Dollar

Owner financing is becoming increasingly popular as an alternative to traditional bank lending solutions. Currently, it is estimated that approximately 20%, or one in five, of all real estate transactions in the US involve owner financing. Because the requirements for an owner financed loan are somewhat less rigid than those necessary for a bank loan, more buyers are able to qualify for an owner financed loan. Closing costs are much lower and closing can take place much more quickly because there is no need to wait for bank approval. Usually, there is more flexibility in negotiating the terms of the sale and home sellers are typically able to achieve full market value for their homes.

Owner financing, also called seller financing or creative financing, results in the creation of a privately held mortgage or trust deed. This mortgage or trust deed provides the home seller with a solid investment secured by real property. Typically, this mortgage or trust deed provides a monthly payment at an attractive interest rate. There may also be tax benefits as capital gains can be extended over a longer period of time. In addition, the mortgage or trust deed is a liquid asset which can be sold for cash, potentially allowing the home seller to receive all cash at closing and still allowing the home buyer to extend payment over a longer term.

Owner financing can successfully be used to sell single family homes, multi-family homes, commercial properties, mobile homes, land and businesses. Often, properties which do not qualify for more traditional lending situations can be sold when owner financing is offered.

First Class Cash Flow Handlers buys and sells privately held mortgages and trust deeds. We also provide products and services which assist home sellers in utilizing owner financing to sell their home, as well as products designed to help mortgage and trust deed holders protect their investments.

Article Pages: 1

Article Comments

Add Comment |

View All (0)

There are currently no comments for this article.

Advanced Search