How to Sell Your House For Full Price Without a
Many people believe that a real estate broker is needed to sell
their house. So they post it with a broker who may or may not
sell it and if they do charge exorbitant fees. One would think
that that commission would inspire to work harder for you. In
some cases it does. In many others though, we have heard of
houses sitting on the market for over a year with the realtor
only showing it once.
The next option that you have is to sell it yourself. But how?
Is placing a sign on your front lawn enough or do you have to
spend thousands in advertising? There is actually a way to get
the ads that you place and the sign on your lawn to have your
phone ringing off the hook with excited buyers.
That way is owner financing. With the economy what it is, many
individuals’ credit have dropped making it more difficult to get
a bank loan. Many of them are good people who were laid off for
a while or have had a sickness in the family. They are back on
their feet and ready to buy a house but don’t have a ton of cash
to put up front and the banks turn them down. This is where you
come in. You are not just selling them a house. You are their
problem solver. Instead of paying payments to the banks, you can
arrange it so that you are the one who receives a monthly
mortgage payment and the best part is you can demand top dollar.
Need cash now? Create a note giving you the legal right to these
payments then sell that note for a lump sum to a note broker. A
good note broker will even show you how to structure your note
to receive top dollar for it.
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