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What are some of the benefits of owner financing?
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TOPIC: What are some of the benefits of owner financing?
#23
What are some of the benefits of owner financing? 2 Years, 2 Months ago  
Why would I offer owner financing?
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Last Edit: 2009/11/14 06:51 By guest.
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#34
Re:What are some of the benefits of owner financin 2 Years, 2 Months ago  
Seller financing offers tax breaks for sellers and alternative financing for buyers who can't qualify for conventional loans.

If you are a seller, the risks you face are the same as those facing any lender: Is the borrower a good credit risk? Will the property hold enough value over time to allow for the repayment of all loans made against it?

You should run a full credit check on the borrower, require hazard insurance on the property and include a due-on-sale clause. There also are financing, disclosure and repayment-term requirements that need to be met. It is wise to consult a lawyer when putting together this kind of transaction.
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#100
Re:What are some of the benefits of owner financin 1 Year, 11 Months ago  
There may also be a tax break for the spcific state the property is in-at the state level of course.
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#125
Re:What are some of the benefits of owner financin 1 Year, 11 Months ago  
I'm shocked with all the benefits of owner financing that it is so hard to find a seller willing.
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#128
Re:What are some of the benefits of owner financing? 1 Year, 11 Months ago  
Again DUHHHHH, to make money off of interest. OR to profit from the house in the future by re-selling if the buyer defaults.
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#129
Re:What are some of the benefits of owner financing? 1 Year, 11 Months ago  
in response to "why would I want to owner finance" (as a seller I assume)
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#130
Re:What are some of the benefits of owner financin 1 Year, 11 Months ago  
Can a buyer still use the first time buyers tax credit even if it's an owner finance deal?
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#131
Re:What are some of the benefits of owner financin 1 Year, 11 Months ago  
If anyone can tell me how this works that would be great.
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#139
Re:What are some of the benefits of owner financing? 1 Year, 11 Months ago  
let me introduce my self Betty Anderson
known as a note finder for seller carry back
Private Owner of
Anderson Deeds And Note Finder Service


Thank you for your up dated listing(s)

my search also is finding seasoned notes where payer make payments to the note holder

Over 6 Months to 12 Months period.looking for down payment with equity with an interest
Rate of 8% 10% higher then 15% normal terms three to four Months behind is OK we can discount
We also work with brand new notes in today's Market it is so hard to get a loan I know you are aware
Of this just as I'm and we can use delinkquick notes can be sold to. my ability is to help Home owners
Get cash with in a few Weeks I will appreciate if you will help me to help you. I really do want to help out

My website www.cash4cashflows.com/banderson2/


Sellers Financing is not just for desperate sellers in desperate
times. Far from it! It's a great wealth preservation and estate
planning tool, and more and more real estate investors are using
seller financing to defer capital gains and create hassle free
income for retirement (that will serve as a great inheritance
to boot).

Betty
Anderson Deeds And Note Finder Service
(phone) 443-325-0547 fairly new in Business
if no answer try calling ( 410) 410-740-0457
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#140
Re:What are some of the benefits of owner financin 1 Year, 11 Months ago  
Future Payments or Cash Now...
Creative home sellers who offer seller financing to potential buyers can often sell their houses more quickly (and at a higher price) in a slow market.

While applying seller financing techniques isn't more difficult than traditional real estate sales, it is important to recognize that the buyers looking for seller financing represent a different target market than typical bank-financed customers.

Similarly, the process for obtaining a large cash payment for the seller after a note is cr...
betty
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#141
Re:What are some of the benefits of owner financing? 1 Year, 11 Months ago  
Fulfilling a Seller's Need for Cash

In some seller-financed real estate situations, the property owner may have an immediate need for more cash than is available from the scheduled principal and interest payments. This situation often comes about when the seller needs to have enough money to use as a down payment for their next real estate purchase.

In order to quickly obtain a large proportion of the money due from the loan they just created, the seller could sell the monthly note payments to a buyer for a lump sum of cash. By locating someone willing to buy the note payments, the seller will have ready cash for a down payment or any other pressing financial need.

In order to streamline the seller finance sale situation, it is advisable to have potential buyers for the newly-created cash flow at the ready. A seller can start looking for buyers before the note is created, or even before a seller-financed buyer is "lined up". This way, the property seller could have a buyer for the payment stream ready to make the purchase as soon as the new private mortgage is created.
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#157
Re:What are some of the benefits of owner financin 1 Year, 10 Months ago  
Well firstly especialy in a tight marke like the one we are currently in, you are able to off load a property that you are considering to sell anyways. In addition with the rigt terms you come out making more on the property
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#158
Re:What are some of the benefits of owner financing? 1 Year, 10 Months ago  
In addition to that, there are times that you arein a better financial situation to get out of a property, while finding a buyer with the right fuding is difficult. this is a win win situation
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