What is the seller financing offer?
This is the fourth of the five offers we can make to sellers.
In some cases, our previous offers may not make sense based on the timeline goals of the seller. But if the seller is willing to be our bank, then we will be able to make a higher offer because the interest rates we would normally pay to an investor is mitigated.
To learn more about this offer and if it fits your goals, visit https://www.effortlesshomebuyers.com/
Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,
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Now let's move on to the fourth of our five offers to a seller, which is a Seller Financing Offer.
Now, in some cases, our Cash, Cash Plus and our Price Lift Offer may not make sense either for the financial goals or the timeline goals needed for the seller. At that point, what we're able to do is if you're willing to be our bank, be our our financier, our seller financer, we're able to pay a higher amount to you because the interest rates that we would be paying to our investors to take the funds to do the project are mitigated. So say for example, we offer one of our investors 8% interest in order to lend us the funds to rehab the property and then resell, but if you are willing to offer us interest in the four, three, four, 5% range, then we're able to take that difference in what we would have paid to our investors, and actually put that into the offer to you, to then go ahead and push up your offer to have more cash in your pocket.
Now, The Seller Finance Offers are very creative offers, these are types of offers where you can, it can be a short term seller finance, maybe it's a small project that needs a lot of rehab, so we'll go in, we'll say, Hey, seller, we'd like you to be the bank on this, hold the note for us over the next six to nine months, we'll go ahead and go get the construction funds, we'll rehab the property, and then once we go and sell that property to a homeowner, we'll pay off that debt to you or that note and mortgage to you. So throughout the entire process, you're completely secured in your position, you're just like a bank, your attorney can set up all of the paperwork, and if you don't want to use an attorney, we can have one of our attorneys represent you and set up all that paperwork in your best interest. And then once the property sells, then we'll go ahead and pay off that note and mortgage, just like a traditional real estate sale where there's a bank involved.
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