Buy - Sell - Rent - Invest

DVS Investments

 Contact Us

DVS Investments

110 Homewood Pl
Salem, OH 44460
 (234) 564-3585
Contact Us

Seller Financing

Mahoning Valley Real Estate Investors Association

0
Comments

 Today I would like to talk about Seller Financing and why it may be a good option. First, it will allow the homeowner to increase his chances of finding a buyer. Second, it does not take as long to get a buyer qualified as you will not be using the bank for new financing. Yes, the homeowner should be diligent and vet each buyer when picking the right candidate to decrease the risk of not getting paid. And third, the homeowner can get more than asking price as a convenience for taking back a loan on his property. Seller financing can also be done even when the homeowner still has a loan on his house. Stay tuned for more information on this strategy we call a wrap-around mortgage.



Be the First to Comment: