How to Make an Offer for Seller Financing

Seller financing is a tool that can be used to move a tough-to-sell property. If you are a buyer looking for a good deal, seller financing could help you. While most people understand what seller financing is, they have no idea how to go about getting it. Here is how you can make an offer for seller financing and secure a fantastic deal for yourself.

Find a Property

To find a property that you can obtain seller financing for, you need to know where to look. The first place you should look is the newspaper. Many sellers that are willing to allow seller financing will put a classified ad in the newspaper. They ad will typically state the seller is offering financing.

Making an Offer

If the seller is not advertising seller financing, that does not mean that you cannot get it from them. If you are looking at a property that has been on the market for a while, just ask them if they would be open to seller financing. Many times, they may initially say no. Then they think about their options and let you know that they would consider it.

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