Seller Carry Financing Ideal in today’s market - Arizona Real Estate News »
Posted By AZ_Homes 7 months, 1 week ago in NewsMore and more buyers are calling our office and requesting seller carryback properties. Almost all the buyers calling have had a recent foreclosure. What’s nice about this type of financing is it’s up to the owner whether they qualify or not. This makes qualifying discretionary instead of black and white underwriting guidelines. As a rule of thumb, a buyer typically needs 10% down to qualify for a seller carry. It can be done with less, but the costs associated with selling the property can easily amount to 10%.
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AZ_Homes
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Designated Broker since 2007 Realtor since 2004 Loan Originator from 2001-2005 Loan Processor 2005-2006 Army Achievement Medal 2005, 2007 War of Terror Medal ...
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