Tag Archives: short sale

How to Owner Financing Contract | Owner Financing Contract

Owner Financing Contract www.reimaverick.com If you are in danger of an upcoming foreclosure and you’re looking for another way out, knowing what an owner financing contract is absolutely essential. Here we’ll explain exactly what an owner financing contract entails, how you go about getting one, and what the risks are when using an owner financing contract. Owner Financing Contract | What Is It Exactly? An owner financing contract basically puts the responsibility for paying off the remaining amount of the mortgage on the buyer of the home. Many might ask, ‘why would I want to sell my house if I’m not going to make any profit?’ Thats a good point, you wouldn’t want to use an owner financing contract if you aren’t facing a foreclosure. However if you’re facing a foreclosure then your other options aren’t looking very great. If your house undergoes a foreclosure then your credit is going to take a major hit, however if you use an owner financing contract then you can definitely protect your credit score from substantial damage. Now you may be wondering why a buyer would want to go along with an owner financing contract in the first place. Well have you seen how difficult it is for someone to be approved for a loan these days? Although mortgage rates are low and home prices are down, banks are implementing extremely stringent loan policies that require most applicants to have near perfect credit to be approved. With an owner financing contract on the other hand, buyers that

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    $115000 3/2 + den Cape Coral FL home offered with OWNER FINANCING

    We just finished remodeling this home in the popular Gator Circle / Jacarandas neighborhood and are offering it with owner financing. Seller will finance regardless of credit. Buyer must put 20% down and provide income verification that indicates ability to repay. 3.97 monthly principal and interest payment. Visit my web site for additional financing terms. fortmyersownerfinancing.com Home Specs 3/2 + den 1785 Sq Ft (air conditioned) 2500 Sq Ft total under roof area 2007 built, CBS, stucco construction 2 car garage Covered front porch Screened back porch Includes kitchen appliances Water softener/filter Brand new AC condenser, ceiling fans, carpet, paint. Call: Mark Cook Burbach Realty Services 386-288-9378 fortmyersownerfinancing.com

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      Cape Coral Home for Sale $89500 **OWNER FINANCING!

      Seller financing offered with this remodeled 3/2 + Den home. Home in perfect shape and includes appliances. vist www.fortmyersownerfinancing.com for more details and other seller financed properties. Easy owner financing terms regardless of credit. Recent bankruptcy or foreclosure are not a problem. Must have sufficient income and 20% (900) down payment. 5.70 monthy principal and interest payment on 30 year amortization with 7 year balloon. 10 year loan with no balloon also available. Convenient to Ft Myers just N of Pine Island Road in Cape Coral FL. Home information 2005 built 1458 SF heated area 2155 total SF under roof 2 car garage covered front porch screened back porch new tile & laminate wood flooring new paint move in ready Make home ownership a part of your life in this quality home. Call Mark Cook, Burbach Realty Services 386-755-4184 mcookre@gmail.com Not foreclosure or short sale just a good buy. Private financing with seller carry back mortgage, NOT Rent to own, you take title at closing!

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      Ft Myers Condo, $68000, OWNER FINANCING, Cobblestone on Lake

      000, 2/2, 1228 SF, 2007 built, seller financing This one has it all! Great central Ft Myers location between I-75 and Tamiami Trail just off Colonial Blvd. The area is loaded with lots of new shopping, restaurants and hotels including a new Hampton Inn & Suites so friends and family can stay next door! End unit so it has extra windows for natural light and oversize balcony with lake view and beautiful landscaping. Unit is in brand new condition with all new frieze carpeting, new stainless appliances and designer neutral paint with contrasting trim. You get two spaces in the ground floor garage and elevator access directly into the unit. The community is gorgeous with attractive landscaping and well maintained grounds. Enjoy daily activities at the pool or gym and special events in the club house! Reasonable condo dues are 3 per month. Condo is way below replacement value and below last developer pricing of 9000+. Security, serenity, class and quality of life are all enjoyed in this well located condo community “Cobblestone on the Lake”. Straightforward EASY to qualify, reasonable terms owner financing with 20% down, 5.39 principal and interest payment. Prior bankruptcy or foreclosure is no problem. Real home ownership, you take title to property. Condo Info: • 2/2 • 1228 SF • 2007 Built • New stainless appliances, new paint, new carpet • Tile in wet areas • Elevator access directly into the condo from parking garage • Covered parking • Flex area can be used

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