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Posts Tagged ‘Sell’

Ever thought about seller financing? It does not always work out that a buyer will connect with a seller that can afford to offer seller financing, but there is always the chance that it is worth asking. There are even a couple of new web sites that will assist you in setting it all up. However, there are risks involved with this sort of sale, even though they can also be very successful, so why would anyone want to become involved? One of the deciding factors will be how badly you want to Read More

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I have been spending a lot of time reading blogs about owner financing of real estate transactions, and there seems to be myth out there that you can not do owner financing if the property is not free and clear. I’m here to bust that myth. One common way to sell a property with an existing mortgage is the process of “wrapping” the mortgage. That is, the seller carries a note that is at least as large as the mortgage, and then uses the proceeds of the incoming payments to make his Read More