Real estate blog entries tagged with seller financing by Phil Caulfield NMLS# 386911 Jumbo and FHA Mortgage Loans California (Pre-Approval, First Time Buyer, Fixed Rates)

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Home : Blogs : Phil Caulfield NMLS# 386911 Jumbo and FHA Mortgage Loans California : Jumbo Lender : Tag "seller financing"

seller financing: A Financial Strategy To Help Sell Your Jumbo Loan Sized Home Or Listing - 02/24/10 07:49 PM

Are you aware how difficult it is to get a jumbo loan these days? If you are selling your jumbo loan sized home or listing one, what are you doing to make it easier for a long line of qualified buyers able to buy your home?
One strategy you may want to consider is a seller carryback. A seller carryback is financing by the seller, usually in the form of a second mortgage.
The easiest way to understand how a seller carryback works is to look at an example. Suppose you own a home worth $1 million. You owe $300,000. You … (23 comments)

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Phil Caulfield NMLS# 386911 Jumbo and FHA Mortgage Loans California

Burlingame, CA

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