FSBO Jane

Caught this recent post on owner financing - a great way to get buyers’ attention these days - at the Bigger Pockets Blog and thought it worth mentioning over here. This is a clip:

If you absolutely must sell now and are not willing to slash your price, what do you do? What you need to do is stand out in a cluttered and crowded pool of homes for sale. One way to do that is to offer to finance the purchase. The current state of lending makes it difficult for many buyers to obtain acceptable financing. They may not be able to document all of their income or may have some blemishes on their credit reports. I’m not suggesting that you offer financing to anyone with a pulse, but there are plenty of people who would otherwise be credit worthy but may have had a legitimate problem that keeps them from qualifying.

To read the rest of the article, click here.