Creative #Financing #Sellers do owner #financing

Creative Sellers do owner financing Posted by diane1953 under For Buyers, For Realty Professionals, For Sellers, General Information I have a seller who is doing owner financing to sell her home. We will close on Monday. The buyer will put down 10,000 on a 159,900 purchase. The seller will hold the mortgage at 6% for 15 years for 149,900. Not a bad deal if you own your home outright. I sold her this particular home in 2009. She put about $30,000 in upgrades getting the home perfect just like she wanted. Then her daughter decides to buy a home in Pensacola. So I sell her daughter a home in a country club setting. The daughter now wants her mom to move to her new sub-division. So I sell mom a home near her daughter in the same neighborhood. So now we have her existing home on the market for sale. Priced at 90. per SF. This particular home was listed for 6 months with allot of showings and a few low offers. The listing expired and the owner was deciding if she should rent, take the home off the market.. she was just undecided. So we put the home back on the market and I decided to get creative with our listing. I ask the seller if she was open to holding the note if we found a buyer who qualified and had enough money to put down. She was open to the idea. I listed the home with agent notes. Seller will hold mortgage, lease to own, etc. Guess what we had a buyer within 3 weeks. I received a call from an agent who said I have a buyer who has $10,000. to put down if the seller will hold the mortgage for 15 years at 6%. Well guess what we are closing on Monday. The buyer is signing tomorrow. She has her money already in certified funds and we have a happy seller and a very happy buyer. So if you own your home and are not paying a mortgage. Get creative. You might just sell your home. Call me today and let’s get started with YOUR home. CLICK HERE TO VIEW ALL HOMES IN PENSACOLA AND SURROUNDING AREA.