Purchasing homes with creative finance in the United States has been done for decades. Purchasing anything with creative finance has been done for thousands of years. Lets imagine you have a set of golf clubs that you are wanting to sell for 3,000 dollrs. Your friend Ricky says that he wants to buy those clubs but doesnt have the money to pay the full 3,000 and asks if he could pay 300 dollars a month to you a month to pay them off. In ten months Ricky would have the clubs and you would have your 3,000 dollars. Why not do this with a home directly to seller? Easy answer: Because people dont think its possible!
The Average cost of selling a home in the United States is 11%. The benefits of doing a direct to seller purchase is that you cut out the mortgage lending company, you cut out real estate agents, and the fees that come along with buying and purchasing a home. You the seller get to take the most profit from selling your home! And we get to purchase your home without having to take out a loan from a lending compnay with high interest!
All the rules of each party are written out clearly in a contract with all parties interests outlined. There are many ways to write up a contract and configure pricing, hence the term "creative finance". Creative finance is the best and easiest way to sell you home fast!
Comments