Tag Archives: forte properties

Owner Financing Benefits for Home Buyers – Forte Properties

What are some Owner Financing Benefits for Home Buyers? Find out here or visit our website @ www.GreaterAustinHomes.com About 20% of the houses sold in the US involve some form of Owner Financing. Without a lot of the technical terminology, here are some simple facts in regards to the benefits with Owner Financing for home buyers. If you wish to buy a home but don’t have the credit and cannot afford the down payment, then Owner Financing is an option you may look out for. The biggest benefit to home buyers that comes with owner financing is easy qualification. You may have poor credit because of a divorce or recent bankruptcy. You may be self employed and cannot prove income, or new to your job and cannot meet strict lender guidelines. There are dozens of reasons why a buyer cannot qualify for a conventional bank loan. In this case, Owner financing becomes the perfect solution. Another major benefit for Owner Financed home buyers is not having to pay the costs associated with conventional loans. Points, origination fees, underwriting charges, appraisal, credit reports, title insurance, and the plethora of other fees charged by conventional lenders can amount to thousands of dollars at closing. The buyer is free from these with an Owner Financed home sale. The third and final benefit we are going to discuss in this video is fast closing. A buyer can close and move into an Owner Financed property within days, since there is no third party lender holding up the transaction

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    How Much Down Payment For Owner Financed Homes? – Forte Properties

    How much down payment is needed to purchase Owner Financed homes? Find out here or visit our website @ www.GreaterAustinHomes.com If you’ve got around 10 percent saved for a down payment, regardless of your credit, Forté Properties can help you find, negotiate and purchase an Owner Financed home in Texas. The actual dollar amount of the 10 percent depends on the price range of homes you are looking in. As part of our free buyer representation, we will help you determine a monthly payment that you can comfortably afford which will then determine the price range of homes that fit your target budget. If you’ve got less than 6 percent down, you must have good credit or be very lucky if you want to be able to buy a nice home at a fair price. A successful owner financed home purchase is a balanced combination of sales price, down payment, interest rate and term to refinance. If you don’t have a huge down payment, there are other ways you can make up for it in terms of paying over market value or higher interest rates on low down investor homes, but why would you want to? If you don’t have a lot of money available for a down payment, the best option would be to invest some of that money into fixing your credit, then qualify for a low down payment conventional loan. If you need to purchase a home fast, we have other options available and will custom tailor our services to fit your unique financial situation. When it comes to purchasing a home, you should never settle for good

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      What is Owner Financing in Real Estate? – Forte Properties

      What is Owner Financing in Real Estate? Find out here or visit our website @ www.GreaterAustinHomes.com Owner Financing or Seller Financing in real estate is where all of the purchase price, less the buyer’s down payment, is carried by the seller. Instead of going to the bank, and in exchange for full legal ownership of the property, the buyer gives a real estate lien note to the seller as evidence of the loan and makes payments to the seller or to a third party servicing company. Even if there is an existing loan on the property, the Seller can still sell with Owner Financing using a wrap around mortgage. Put simply, a wrap around mortgage is a new mortgage that is created on a property that “wraps around” an existing mortgage. There are many benefits that come with Owner Financing as opposed to conventional financing for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases the transaction is a “Win for both parties. Sellers like Owner Financing, because they can make money upfront, in some cases cash flow monthly and collect the equity when the buyers refinance without all the hassles and liabilities that come with being a landlord. This is also a great tool for home Sellers with little or no equity and is an excellent alternative to short sale or foreclosure. Buyers like Owner Financing, because they are able to purchase their very own home when otherwise they could not. Qualifications are easy, closing costs

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        Owner Financed House In Austin

        Owner Financed House In Austin – www.brickhomepartners.com If you have a steady income and can raise a reasonable down payment, you could EASILY qualify for our Owner Financed home purchase program! We’ve helped families in just about EVERY situation own a new home, with NO BANKS NEEDED. With our streamlined buying process, you can usually be in your Owner Financed home within 14 days — even sooner if you need to move quickly, and get you on the path towards improving YOUR overall credit worthiness! Take Advantage of ALL the Benefits of Home Ownership, Including all the Tax Benefits. 100% of your down payment goes towards the purchase price AND you walk out of closing with the keys, the deed and a mortgage, so… Call us today at 512-456-3657 for more information about our owner finance program and learn more about your new DREAM HOME! youtu.be

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          Austin Owner Finance | Owner Financing Specialists In Austin Texas

          Austin Owner Finance | Owner Financing Specialists In Austin Texas – www.brickhomepartners.com Austin Owner Finance: Making home ownership a reality! In today’s housing market, it is a great time for a buyer to purchase a home for sale at a great price. If you are able to buy a home but don’t qualify for a traditional mortgage, there is an abundance of opportunities in creative financing. With the recent catastrophe in sub-prime mortgage lending, the collapse in banking and insurance, and a plummeting stock market, more and more buyers who are saying, “we can buy with Austin owner finance”, are being considered. For more information visit www.brickhomepartners.com. Austin Owner Finance — What is it? Austin Owner Finance or Austin Seller Financing is a case where the buyer obtains a partial or full loan from the seller instead of a traditional lender or bank. Austin Seller finance is simple enough to understand and comes with many benefits. The seller takes on the responsibility of a lender and the buyer makes direct payments to the seller over the loan period. This option may be used if the buyer for some reason may not qualify for a traditional mortgage. Austin Owner Finance- How does it Work? This is a general outline of how owner financing functions. The seller accepts a down payment and provides a loan to the buyer directly. The details of this loan are included in a legal contract called a promissory note which promises the seller monthly payments for a fixed period

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            Owner Financed Home Jonestown Texas – Forte Properties

            www.GreaterAustinHomes.com Property Profile: search.greateraustinhomes.com – Search ALL Austin Real Estate and Owner Financed Homes For Sale: www.GreaterAustinHomes.com – Twitter www.twitter.com – “Like” us on Facebook: www.facebook.com OWNER FINANCED LUXURY HOME IN JONESTOWN TEXAS FOR SALE! SPECIAL FINANCING AVAILABLE – ZERO DOWN Owner Financing!!!! Once in a lifetime opportunity! Gorgeous custom home with 800+ sqft of decks that provide great views of Lake Travis and Hill Country. This home has a great floor plan that can accommodate any family’s needs. Spacious rooms, gourmet kitchen, game room and large master bedroom with it’s own private fireplace. Quiet neighborhood of just 23 lots. Builder will finish out your new home to your preferences! Seller is HIGHLY motivated. QUALIFICATIONS: If you can afford the monthly payments on this home, you are 95% APPROVED! Credit issues probably won’t matter… EASY FINANCING! Call today for details (512)981-6865

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