Review Financing Options

When the time comes to negotiate a sale, it is best to be aware of
current financing available to the buyer. With the help of your real
estate professional, review the mortgage climate - are loans in
abundance or hard to obtain? If the buyer isn't able to qualify for
enough money, you may want to offer a second mortgage out of your
profits (if this is allowed by the first lender). Does your property qualify
for VA/FHA loans? Is your current loan assumable?

Does the buyer expect you to pay any of the discount points
connected with the cost of his loan? Determine your time limits in
waiting for financing to be secured by the buyer, including alternatives.

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Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.