Nov 08
We have our house on the market with a realtor and now a couple ****?ts to owner finance? How do you we do it?
Real Estate Articles (Other) Add comments
goaheadnfireme ***?ked:
Do realtors work with ***?ople who ****?t to owner finance?
What do we do if the ***?ople decide to quit paying? We will have to keep paying our payment and we’ll have 2 house payments right?
Should we do it?
4 Responses to “We have our house on the market with a realtor and now a couple ****?ts to owner finance? How do you we do it?”
Leave a Reply
November 10th, 2009 at 11:53 am
Do not do it, you have the right idea, you will get stuck paying on both house’s. Now is not the best ***?me to ***?ll, ****? I feel if there credit was ****?d the ***?ople trying to buy your house could get a loan. Why else would they ***?k you to finance? Because they can’t get a loan.
You will be in for a big letdown when they are late with a payment.
Do it the right way. Close and get a bank check for the ***?ll *****?e and have a happy life. You do not need disappointment. Is it worth it?
Tell me? I wish you ****?d luck
November 13th, 2009 at 9:58 am
NOOOOO There is a reason they cannot get financing from a bank (their credit is BAD). I would certainly wait for another offer.
It’s not worth the risk or headache.
November 16th, 2009 at 3:33 pm
REALTORS WORK WITH ANY ONE WHO ****?TS AND CAN BUY A HOME.
FROM READING YOUR QUESTION,I HAVE TO BELIEVE THAT THIS IS NOT
SOMETHING YOU SHOULD COMMIT TO.
MOST ***?OPLE WHO ****?T OWNER FINANCING,EITHER DO NOT HAVE
GOOD CREDIT AND INCOME,OR TRYING TO MINIMIZE THEIR RISK ***?CTOR
BY ***?KING THE ***?LLERS TO TAKE THE ROLE OF A BANK. A BUYER WHO IS BUYING AN OWNER FINANCED PROPERTY,CAN WALK AWAY
ANYTIME;UNLESS THERE IS A VERY LARGE AMOUNT OF DOWN PAYMENT
(25–50%) .DO YOUR RESEARCH,TALK TO SOME REAL ESTATE ***?OPLE
AND IF YOU STILL NEED TO KNOW MORE,EMAIL ME.
November 18th, 2009 at 5:55 am
I would not. I wouldn’t ****?t that much money ***?ed up in a way I couldn’t access it. And ***? the others have said there is reason that these ***?ople ****?t owner financing and it almost surely is because the banks think they are bad risks.
Your realtor will work with it, ****? a ****?d realtor will give you lots of warnings about it.