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HUGE MARKET FOR OWNER FINANCING
 
Owner Financing presents multiple benefits for both buyer and seller.  Very important to understand is that the market exists mostly outside traditional selling channels.  Two key points are that it enables investors to sell quickly and usually more profitably and it allows a buyer to get into a home that he/she probably wouldn't be able to buy otherwise.  It is truly a win/win for both sides. But like all things, you must know the laws and regulations and you must understand the business aspects of the transaction.  Remember, if you are the seller, you are ALSO the bank.  Real estate laws AND lending laws apply.   
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The good news is that Owner Financing is extremely resiliant to fluctuations in market conditions.  Your product is no longer a home, it is now financing.  Everything else is secondary.  And there are typically FAR more buyers needing the financing than there are homes available.  Meaning you sell very quickly - even in soft markets. Simply put, owner financing puts you back in control of the transaction.  This is basic supply and demand.  More people need owner financing today than ever before but there are simply not enough homes to go around.  With owner financing, you reap several benefits:
  1. Sell at TOP OF MARKET PRICING (no more discounting) 
  2. Sell MUCH FASTER 
  3. Sell with FAR LESS COST
For a free consultation, please contact Steve Skillern at 281-569-1816 or 713-498-2349 or email me at Steve@PrimeLoanServices.com
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