Tip 4. Work with Lenders

Institutional real estate lenders are organizations that loan money for real estate loans. Such loans include banks, savings and loans, thrifts, credit unions, and mortgage companies. If you do not have the knowledge and experience to prequalify buyers, consider finding a lender with whom you like to deal and ask the lender to answer any questions you may have regarding financing the sale of your property. This may be the lender who holds a loan on your present home. Also over 10% of homes sold in the U.S. involve some form of seller financing. To learn more about that please read The FSBO's Guide to Seller Financing (pdf, 230K).

User Comments

Andrew posted 10/04/2012

If your mortgage is upside down, it makes sense to do short sales instead of regular sale in this market. Please call me at 847-502-1744 to discuss your situation Andrew, American Real Estate Services Corporation

Kathy R. posted 07/27/2012

I would recommend to do seller financing in this market. I had 2 buyers that did not get financing from bank (pre-approval letter as i realized does not make any difference, banks give pre-approval letters to everybody) I am going to seller finance my own house and charge interest on loan of sale of my own house

Tip 4. Work with Lenders

User Comments

Andrew posted 10/04/2012

Kathy R. posted 07/27/2012

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