Seller Strategies and Finance Options

Cash Sale

Selling a house for cash or with a hard money loan is the easiest and quickest route, allowing you to bypass lengthy processes, avoid repairs, and close fast.

Benefits include:

• Quick close (typically less than 30 days)

• Less stress

• No appraisal

• As-is sale without the need for repairs

• No warranty or certifications issued by the owner

• Removes many hurdles that conventional sales require

• You won't have endless showings with tons of people trekking through your house

• Less chance of a deal falling through

Using this method, you sell your property to the buyer on terms, where the purchase price is paid over time through monthly installments.

Benefits include:

• The possibility of a higher-priced sale

• A good source of cash flow

• Savings on closing costs

• Significant savings on capital gains tax

• Faster closings

• As-is sale without the need for repairs

• All terms are negotiable (down payment, interest rate, length of repayment, balloon payments)

Seller Financing

Subject-to or "Sub-to"

In this scenario, the buyer takes over your existing loan payments which is often a great option if you're in financial trouble or if you have low equity and selling your house will cost you money to close. You can then walk away from the property knowing that the payments, taxes and insurance are being taken care of.

Benefits include:

• No closing costs, origination fees, broker commissions, or other costs

• Avoid foreclosure

• Repair your credit

• Plus, many of the same benefits as seller financing

Lease Option

This approach involves the buyer taking over your existing mortgage payments of a property (subject-to) and then paying you the remaining balance of the sales price to you over time (seller financing).

Benefits include:

• See the benefits of both Subject-To and Seller Financing

Hybrid Model

This is a type of rent-to-own contract where you'll let the buyer lease the property for a specific time with the exclusive option to purchase the property.

The renter pays a non-refundable option fee upfront for the option to buy the property after the terms are met.

Benefits Include:

• The buyer wants to own it, so they'll take better care of it

• You'll be helping someone who may not qualify for a conventional loan

• You get to vet a potential buyer before transferring title

When it comes to selling your property there are many ways to lift the burden you may be carrying

Let us help you find the right solution to sell your home