Seller Tip#6

Especially in a Buyer's market, consider Seller financing. 

You can earn a considerably higher interest rate that the regular

market offers for traditional savings.  Since the second mortgage

gets paid after the first mortgage, it makes sense to check the

financial background of the buyer and demand a substantial

down payment to protect against the risk of foreclosure.

Your REALTOR is trained to help you identify areas of

concern about your Buyer's financial qualifications.  Ask

her for help.

 

 

Sent to you courtesy of Sandy Tower, Broker Associate

Toll free-877/964-5800 or

800/666-3530 x 1195

sandy@sandytower.com