I hate to say I told you so, but I did.
Creative thinking pays off in today’s real estate market. Two weeks ago, I told you about one Birmingham MI home owner who decided to offer very attractive land contract terms to promote interest in a luxury home he was trying to sell. Guess what? Within two weeks of offering seller financing, he had an accepted offer! Not bad, I would say. The buyer loved not only the house, but the availability of seller financing.
Sellers, if you can offer this hook, think about doing it! After all, seller financing is the new black. If you need to know how to go about it, give me a call.
Buyers, if you are having trouble finding traditional financing, a land contract might be the answer for you. You can give me a call too, so I can show you what is out there for you.
Photo Credit Nick See