As we all know, getting money from a bank for ANYTHING is pretty close to impossible these days, especially if your credit is less than pristine. So buying a home is very difficult if you have less than A credit (over 680). What this means for someone selling a home is fewer buyers, less competition for houses so lower sale prices, and a longer, more challenging timeframe to a successful close. What can a seller do?
An incredible linking of services can provide a great solution. Here's how it works:
1) Buyers, in this market, want to buy a home or investment property, to get seller financing, and to avoid going to the bank. So the seller offers approximately 80% seller financing until the close, and B and C buyers with 550 and up FICO scores can qualify. This means families with A, B & C credit compete to purchase the house, more buyers, higher prices, faster sales.
2) FREE Temporary Home Seller Assistance Service.
Home Sellers, Investors & Realtors want to get all cash when the house sells. They want their money out at closing to buy a home (1031 exchange to save on taxes), to put into another property, investment or fun, and to make more commissions on house sales. So the buyers apply with an application to qualify for seller financing from note buyers who buy the newly created note and take it over at the close. None of the seller financing terms change for the buyer except that the seller does not hold the note, a note buyer does. The seller gets all cash at closing in a discounted note, usually 13-20% discounted. Most places in the country, houses are currently selling for a lot more than a 20% discount so getting close to appraisal price minus the discount is GREAT!
3) Note Buyers want mortgage notes to buy that will give them passive income at an attractive interest rate. By creating the notes in this way, they buy notes exactly matching their note buying criteria through the application that the buyers fill out.
A WIN-WIN-WIN scenario...
Eligibility for Services:
1-4 Family houses, condos, town houses, REOs, short sales valued $50,000 to $300,000
Homeowners, investors, realtors, mortgage brokers, builders, renovators
Less effective in New York and California
4) Finally, there is an attached business opportunity where it is possible to make money helping sellers sell their houses faster, at higher prices, more easily by offering the free service and building teams to do the same. Membership levels are Free, GOLD ($297) or PLATINUM ($697) and you can go to the link on the left side of http://www.allcashatclosing/ for the details on that offer.
If you are selling, especially selling, or buying houses in this market, this effective strategy is well worth checking out. If you go to the Web site, ask for your free report, "How to Sell Your House in 2 Weeks." Nothing to lose, it's all totally free...
