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Alternative Forms Of Financing To Get Deals Done

By Rosemarie Heindel

Real Estate Agent with Harry Norman Realtors 280064

October 20, 2009 07:32 AM

Creative forms of selling homes are increasing. More home owners are offering owner financing to get the deal done. I think there are positive and negatives involved in these deals. Has anyone had any experience with these types of financing.

Right now I have a couple who want to purchase using financing by the seller. Sure would appreciate any advice you can give me.

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Charlie Ragonesi

AllMountainRealty.com - Big Canoe, GA

Homes - Big Canoe, Jasper, North Georgia Pros

Well hello Rosemarie. I would talk to the folks at McGee and Oxford or Harmann and Imbriale. As long as the buyer has some real moneyt to put down you should be ok

Oct 20, 2009 07:34 AM

Li Read

Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC

Caring expertise...knowledge for you!

In downtimes, vendor financing is a factor. So are "agreement for sale" contracts. It's important that the down payment, on part of buyer, is substantial (in my area, it's 25% down).

Oct 20, 2009 07:36 AM