Consider selling above market value and avoid traditional transaction costs before settling for less
Whatever down payment option you choose means cash to you at closing. As you will see, the less cash you want or need at closing the more we can offer.
If you sold your property for all cash and weren’t in a position to take some of your equity in a seller carryback real estate note, the question is: How much less would you net after traditional selling costs? And what kind of safe return could you get on those net proceeds?
The advantage of note income is that it’s passive—you simply receive a reliable monthly payment. Plus, by doing so, you get a higher sales price and avoid the most common selling costs. The net difference between what you might net traditionally and the price we agree on is a sizable premium, which serves as a reward for financing some or all of your equity.
If you’re doing any estate planning, it may be more beneficial to pass on a real estate note with a steady income stream rather than a property that needs to be sold or managed.
Your seller carryback note will have a maturity date after an agreed number of years. The unpaid balance on the maturity date becomes due and payable. This is a nice “nest egg” you can count on, protected by a lien on the property, which you can look forward to or pass on to your heirs.
If you decide you like the benefits of seller financing then you can choose one of our premium price offers. As you will see, the longer you are willing to go, or the less money down you require, the higher price we can offer you today.
Selling any home you have lived in 2 out of the last 5 years usually qualifies for tax-free gains of $250,000, or $500,000 if married. If you have capital gains from selling an investment property you can defer much of the taxes due on the gain, spread out over the term of the seller carryback note.