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re: Owner financing
Posted on 9/28/14 at 9:48 am to geauxtigers8482
Posted on 9/28/14 at 9:48 am to geauxtigers8482
Yes, it's probably possible. But you may have to do a contract for deed or other creative technique.
Why did your agent overprice it? After a house has been on the market, it tends to get stale. May want to relist it and start the days on the market counter over.
And, no your mortgage company would not like it if they found out.
Why did your agent overprice it? After a house has been on the market, it tends to get stale. May want to relist it and start the days on the market counter over.
And, no your mortgage company would not like it if they found out.
Posted on 9/28/14 at 10:54 am to ItzMe1972
I was under the impression that the mortgage company would have to know about it.
We are less than thrilled with our agent. She was pretty confident that it was priced right from the beginning, since then we have dropped the price a good amount without much action.
We started looking into renting again and were approached with a question as to if we would owner finance.
I knew nothing about this, but after some research, i am intrigued.
We won't go any lower than the current price so I am trying to decide between just renting it or exploring the owner finance option.
We've only owned the place for 5 years.
We are less than thrilled with our agent. She was pretty confident that it was priced right from the beginning, since then we have dropped the price a good amount without much action.
We started looking into renting again and were approached with a question as to if we would owner finance.
I knew nothing about this, but after some research, i am intrigued.
We won't go any lower than the current price so I am trying to decide between just renting it or exploring the owner finance option.
We've only owned the place for 5 years.
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