Need to Verify Everything.
Owner financing may have...
- Deed Restrictions
- Note Restrictions
- I'm helping the seller with their needs and yours as a buyer. But, since the owner is funding the loan there maybe more favorable terms for them with their situtation in getting their money.
- None of this BS with regard to, How to buy real estate with no money down, and terms that will be devastating to the seller and the property. The owner will not allow any wraps or All-Inclusive Trust Deeds PERIOD! ( AITD's )
- In order to make this work we both may have to reduce our commissions. Remember, as licensed agents our goal is to protect the public and income maybe at the bottom of the line. It's the principal broker who makes the final say. Reminder The Anti-Sherman Trust Act.
Click on video below.
Amortation - Interest Rate - Present Value - and Monthly payments.
To be figured before addendums etc.
We will most likely sell property at appraisal. No Low ball offers, often found with Get Rich Fast investors.
Let's talk before we have 35 Addendums.