Why should you look at selling your property or buying with Seller financing

P.O. Box 1208 , 250 Route 49 in Campton , NH 03223

phone 603-726-8642 or 603-726-8941

In a market where financing is not always available even when buyers are. An example of this would be: investment property , land and commercial . Banks have gone back to being conservative. Even long time customers might find that buying commercial property, land or property for investments are hard to finance through traditional lenders . In this kind of market , Sellers and Buyers need to think outside the box. This is where owner financing options make property more desireable to both the seller and to the buyer. For Sellers if they do not necessarily need their money out immediately and either through the downpayment being enough to pay off the mortgage or they have no mortgage at all this can be an option. It is also an option to allow them to get the highest and best price for their property and make a bit more interest on their money than in a bank. It gives their property a little bit more desireability and saleability because it is more obtainable possibly then other like properties. Right now, it is a great time for buyers to buy . To buy for their own use or as investments. Prices are down for many reasons and getting financing is a large part of that . Many are thinking of investing to prepare for when the market turns are hit by a brick wall because lenders don't want to lend. Sellers offering a short term or long term solution to this add value to their real estate . Buyers are able to reap more from that as well :often downpayment for seller financed properties are lower then the bank will require, interest rates are also more likely to be lower , unlike banks you will not likely have to pay points, if you are confident about what you are paying there will be no requirement to get an appraisal , many other closing costs could be optional as well.

In the end where sellers offer financing it is a win win for both the seller and the buyer . Sellers make their property more likely to sell then their competition and Buyers save money: in the purchase price because they are buying when values are lower(verses waiting), in what they have to pay down and over conventional financing . When is this type of financing especially productive to a buyer? One possibility :When the prices are low and traditional bank financing is not available or much more expensive -it allows for the buyer to purchase while the getting is good. (2) When you are looking to get all of your stuff put together to build a new home and you want to lump the whole purchase together in one loan so you do not have to pay the bank twice for the same goal but you are not yet ready for the whole thing - this would allow you to purchase the land without the high bank fees that are not transferable get the price of land at current rates and not have to put so much down right up front. (3) When you are looking to buy while the prices are low and sell again when the market turns around for investment . and there are so many other reasons this is worth a second look .

If this makes sense to you and you want to look for property available using Seller financing Call us today 603-726-8642 or visit our website and see what is available www.kingrealtynh.com