The most frequently asked questions many sellers ask are:
“Why should we even consider seller financing?”
“What is the difference between Seller Financing and Rent-To-Own / Lease Option?
“What is the difference between Seller Financing and a Wrap Transaction?
Well….Ask yourself a question…
And be honest with yourself… Are you a bit nervous as a property owner as to where the market is going? Have you wondered about what it will take to get market value in a reasonable amount of time?
The short answer is, “If you could sell for more than market value and sell 70% faster than normal marketing days, would you be interested?”
Read on to see if any of the following may meet your criteria.
Advantages to Seller
Well-constructed notes can be sold for minimum discount at the point of note creation or at any time in the future.
A note secured by a deed of trust or a business is an asset that can be bought and sold rather easily. The sale of a note is not as different from the sale of real property as you might imagine. Many of the same principles apply, and even some of the same paperwork. The amount of discount required to sell any given asset is related to the amount of risk it represents.
The relative risk of any cash flow is usually determined by evaluating the five following factors:
Notes can be created in a multitude of ways to meet the needs and financial objectives of the note holder.
There are many factors that can be manipulated to come up with a creative, unique solution that meets the needs of all parties concerned. Carrying paper is one of the most flexible, adaptable tools available in the disposition of real estate.
This may all seem very complicated. When detailed and if done properly by your team, it is a very simple process.
Because of the flexibility that owner financing provides, Casa Preservation, LLC can help structure the seller financed note to meet the needs of both seller and buyer. We can “tailor” a program to solve any problem. The buyer will get the property and you, the seller will get the cash