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
About Maureen Francis
Land contracts are that hidden gem few sellers even know about. Kudos to you for sharing a success tip with them!
It goes to show Maureen Francis really ROCKS!
Kristal Kraft’s last blog post..Denver Investment Strategies Workshop
Kristal Kraft rocks. Denverites love her.
Great picture.
That’s why real estate sites need to expand their search engines to reflect properties that are willing to work a land contract. The online resources are there, but oh-so out of reach conveniently.
Hi Carrie,
Thanks for stopping by and commenting! I appreciate it.
If you need help finding the information, your agent should be able to gather it for you and even set you up with an automated search so you receive new land contract listings daily.
Realtors have access to tons of search fields that are not on public sites. The land contract option is very rarely used, as it is a very tiny segment of homes sold, so I imagine that is why the search option not on sites that are available to the public, not out of any conspiracy to keep information from people.
Hello,
Our real estate agent is unable to only search for land contracts could you set us up to receive the land contract only listings?
do you want to get the best and cheapest in buying investment property, homes, properties and realty in Birmingham Alabama USA…?? visit http://www.birmingham-properties.com/…
Let us always remember that opportunity comes seldom. Grab it now before it will be gone from you.