Although a lot of publicity has convinced many people today that properties are hard to sell, those owners who package their home the proper way will be able to sell their home in a reasonable time and get a fair price.
First of all, the asking price has to be appealing and within the market range. If it is too high, the property will get bypassed altogether. Secondly, seller financing, either in the form of a second mortgage or other types of creative financing can be very appealing to buyers.
Using these devices and creating a situation where the buyer can easily qualify for a loan or doesn’t have to get an institutional loan at all can be very effective. Low down payments, especially for properties targeted for first-time buyers, are also eye-catchers and can put your property above the crowd if you’re in a market with many homes for sale.
The Rich Company offers real estate in Washington, NC.
Tuesday, October 14, 2008
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