205-427-1500

Promised Land Properties

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  • Home
  • Types of Deals
    • All Cash
    • Hybrid
    • Seller Finance
    • Subject To
    • Wrap Mortgage
  • More
    • Home
    • Types of Deals
      • All Cash
      • Hybrid
      • Seller Finance
      • Subject To
      • Wrap Mortgage

Promised Land Properties

Promised Land Properties Promised Land Properties Promised Land Properties

205-427-1500


  • Home
  • Types of Deals
    • All Cash
    • Hybrid
    • Seller Finance
    • Subject To
    • Wrap Mortgage

Seller Finance

What is a Seller Finance Deal?

Old mill house on a creek

Be the bank!

Seller financing, also known as "Owner Financing," flips the script on traditional real estate transactions by placing the seller in the role typically occupied by the bank. With seller financing, we, as the buyer, make regular amortized payments directly to you over the course of 15 to 30 years. This alternative arrangement offers flexibility and can be a mutually beneficial solution for both parties involved.

Why Should I Want to Seller Finance?

Maximum Sale with ongoing income

Seller financing provides sellers with a flexible, lucrative, and potentially faster alternative to traditional real estate transactions. Whether you're looking to maximize your sale price, generate ongoing income, or enjoy the flexibility of customized terms, seller financing can be a valuable tool in achieving your real estate goals.

Benefits of seller financing

  1. Maximize the Sale Price: Seller financing opens up your property to a better offer than what may be offered on the traditional market due to cutting out intermediaries present in traditional transactions. This increased accessibility can result in a higher sale price of your property.
  2. Generate Ongoing Income: By acting as the lender, you'll receive regular payments from us over the agreed-upon term, providing you with a steady stream of income over the long term. This can be particularly advantageous for sellers looking to supplement their retirement income or diversify their investment portfolio.
  3. Receive Consistent Interest Regardless of Market Conditions: As the lender, you'll receive regular amortized payments, providing you with a reliable stream of interest on your property for the next 15-30 years, irrespective of fluctuations in the global economy!
  4. Faster Sale with Flexible Terms: As the seller, you have the flexibility to negotiate the terms of the financing arrangement, including the interest rate, repayment schedule, and down payment amount.
  5. Tax Benefits: Seller financing can offer potential tax advantages for sellers, including the ability to spread out capital gains over time and potentially lower your overall tax liability. Consult with a tax professional to understand the specific tax implications of seller financing in your situation.

"So Many Fail Because They Don't Get Started" - W. Clement Stone

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