Cash Buyers
Seller Financing or
Buyers with Notes
Takers With Other
Types Of Property
When You Are
Geographically Flexible
When You Add Cash or
Notes To Your Equity
(number of takers)
©1984 Who's Who in Creative Real Estate, Inc.
Unauthorized reproduction without written permission is prohibited



Buyers with Notes

People in this category pay some cash down and the Seller carries back a note for a portion of the purchase price. This Seller carryback note is frequently secured by the property being sold. Sometimes takers will have a note that they carried back on the sale of the other property. They may be willing to assign this note to you instead of all or part of a cash down payment. Takers often have significant equity in property they own and want to keep. They may be willing to write a note secured by the trust deed to mortgage on their property in your favor. This note could become a partial or full down payment on the property you wish to sell. 

For every cash Buyer for your property, there are probably 5 to 15 takers who would take your property if they could use trust deed or mortgage notes instead of a cash down payment.

Want to know more about how to handle Buyers with notes? For details....
“Owner Will Carry”
How to Take Back a Mortgage Without Being Taken

Bill Broadbent,S.E.C.-C.C.I.M. and George Rosenberg
[BOOKS and TAPES]

Ed Arnett or Bill Broadbent, S.E.C.-CCIM
Arnett & Broadbent Inc.
SINGLE AGENCY REAL ESTATE REPRESENTATION

1380 Broad St., San Luis Obispo, CA 93401-3910
(805) 543-9100


e-mail to bill@arnettbroadbent.com


 


Copyright © 1997 Arnett & Broadbent, Inc. All rights reserved.