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Selling Your House Through Seller Financing

You’re interested in selling your house but paying all those fees (real estate agents, closing costs, and others) is going to seriously cut into your profits. You looked into selling to a real estate investor and although getting cash fast would be great, you don’t like the idea of getting less than full market value. If this sounds like you, then selling your home through seller financing might be the right choice for you. Top Dollar For Your House There are several benefits to selling a house this way. Most notably - getting the best price for your house. If you are willing to get the money for your house over time, you can get full market value and often even more! You also get out of paying so many things: Real estate broker fees, closing costs, appraisal fees, remodeling expenses, etc.   Check with your accountant to see if you could also possibly save an incredible amount on the capital gains taxes owed for the sale of your house. Customized to Fit Your Needs Yo...

BUYING A HOUSE WITH SELLER FINANCING

Congratulations! You’re ready or getting ready to buy your own house! Most people know about the traditional route and getting a mortgage through a lender, but depending on your situation that may not be right for you. Today we are going to talk about the benefits of buying a house with seller financing. It can often be difficult to get approved for a mortgage loan through a bank for the amount you need to buy the house you want. Banks frequently require that you have worked the same job for two or more years. You must show a predictable income with paystubs and W-2’s. They can also turn you down for things such as your credit score and debt to income ratio – it seems any little thing can make it hard to meet their ridged guidelines. However, sellers who offer owner financing do not need to adhere to the strict rules banks do and can work freely with individuals who may not fit the cookie cutter mold of a “typical” homebuyer. If time is of the essence, buying a home with selle...

The REAL Cost of Selling Your House: With an Investor vs. Through a Realtor

There are many different ways to sell a house. Here we detail the benefits of selling with an investor vs. a realtor. In general, the amount an investor offers to you for your house is the same amount you will receive a check (or wire to your bank) at the time of closing. As you will see below, selling via a realtor has many hidden costs.    No demands for  repairs or renovations   Generally,  the first thing and sometimes last thing you need to do in order to sell your home  with a realtor  is fix any existing problems with the house. This can be big problems - such as  age of the roof or central air , or little things - such as a new paint job, yard clean up or touch ups to damaged walls , carpets etc. If you are expecting to get the full market value for your house, m ost buyers are only going to be  willing to pay that if the hou se is in excellent  and updated  condition. A buyer  and their mortgage lender alwa...

BENEFITS OF WORKING WITH A REAL ESTATE INVESTOR

The Benefits of Working with a Real Estate Investor to Sell Your Home   So, you’re looking to sell your house, and you can’t decide if working with an investor is right for you. You’re in the right place. I’m going to go over some of the benefits of working directly with a  real es t ate  investor .   Working with an investor is especially  beneficial  when you need to sell your home quickly, or in the condition its in. Maybe you are behind on your mortgage payment  and facing foreclosure . Or, m a ybe you have to relocate and need to sell quickly so you can be approved for a loan on  a new  home.  Whatever the reason, if you’re looking for the fastest and most convenient way to get cash for your home, a real estate investor is the best way to go.     IT’S FAST!   If you choose to work with an investor, you can get the cash you need quickly. They will want to inspect the home and often will make an of...