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OWNER FINANCING AT AN UNBELIEVABLE RATE!!!

By
Real Estate Agent

 Great row home newly renovated and never lived in located in Federal Hill.  Owner is motivated and flexible with the terms.  WHY WOULD YOU MISS OUT ON THIS OPPORTUNITY??!! CALL ME TODAY FOR FURTHER DETAILS.  MLS # BA7483972

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Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

Madi - Its very difficult to find owner financing in this real estate market! Maybe a good income rental property?? Congrats on the listing and good luck with the sale.

Jan 06, 2011 06:00 AM
Madi Jackson
Ellicott City, MD

Thank you!! We have talked about that as well because of the financing difficulties, all options are open for now. 

Jan 06, 2011 06:03 AM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

Madi,

You'd better check the tax implications of "0%" owner financing!

Search for "Imputed interest."

Also, if there is any underlying financing 0% to the new buyer could mean the buyer owes less than the seller at some point.

Bill

Jan 06, 2011 06:10 AM
Madi Jackson
Ellicott City, MD

Thank you Bill I better change to a very low rate and go from there.  My seller is very motivated and is flexible.  I actually hadn't thought of that. 

Jan 06, 2011 06:16 AM