The Buyers never could have bought the property without Transferable Seller Financing. They made a small down payment. They did not have to pay bank fees and were able to suggest the terms of the financing that they could afford. There is no prepayment penalty on the loan and the common sense underwriting done by TSF helped them finance the transaction. Although the Buyers paid a premium price, they are getting Premium Financing for a home they could not have purchased otherwise.
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WHY YOU “THE SELLER” ARE HAPPY
You, the seller received more cash than you could in a traditional bank-financed sale. You didn’t have to pay part of closing You sold the property much more rapidly than would otherwise be possible.
The buyer did not have to wait for an institutional lender to complete its due diligence. Above all the sale went smoothly because you didn’t have to haggle over the price hold endless open houses, or leave the house at a moment’s notice It was a much more pleasurable experience for you than in a traditional sale.
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SUMMARY
We are suggesting that you don’t have to reduce your price; just improve your pool of buyers!
Many home sellers have started by increasing their asking price. Then they inform buyers that they will select the best offer from all the full price offers received in the next two weeks Some get offers that may work in a ‘Sellers Market’ but if you want to sell your property fast and not have to wait on the buyer to hunt down and secure financing and then the lender may find a reason not to close, then Transferable Seller Financing is the answer.
Thousands of “unqualified” home seekers would buy your home “as is” for your full asking price if they could get financing. Offer them Transferable Seller Financing, and your property becomes the only one that these people would want to buy.
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| - Eliminate much of the bargaining and haggling.
- Create mutually beneficial financing for your buyer.
- Close sales in less than a month.
- Customize the purchase to meet both your needs and the buyer’s needs
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