|
Sometimes the seller will help a buyer purchase the home. Our Exclusive
Lists identify all listed properties offering seller financing, as well as
sellers who are "Motivated" and may consider such an offer.
Seller financing can be structured in a variety of ways, including but not
limited to: purchase money mortgages, wrap-around mortgages, and contracts for
deed. The payments can be structured in many ways too, from an interest
only or deferred payment plan with a balloon at the end of a specified term, to
a fully amortized payment schedule.
Shared equity, discounts for prompt
payment, seller-paid refinancing costs are examples other negotiable
terms. If all this seems confusing, relax. At McGary &
Associates, we can help you structure a seller financed purchase that does not
let the seller take advantage of you!
Seller financing is not for
everyone, and if there is a better financing alternative for your situation, as
our client, we will advise you accordingly. Since 1987 people have trusted
McGary & Associates to help them buy a home. We can help you,
too! Call us to get started today!
|
