Continued from page 1
3. To sell faster. Anytime you expand potential market for a property, you increase odds of selling it fast. Selling with easy terms definitely invites more buyers to look at your real estate.
4. To sell difficult properties. If you have a property that is difficult to finance conventionally, offering seller financing may be only way get it sold, and at a fair price.
Of course ways you can sell are limited by mortgages and other loans. I owned rental free and clear, which meant I could sell it any way I wanted. There are other ways to use seller financing though, even if you owe on property. There are ways to do this safely too. Those topics are for another article.
Steve Gillman has invested real estate for years. To learn more, and to see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com