Realtor Provides Lucrative New Way for Homeowners to Sell Their Homes
Anissa Norgard Hollingshead offers a service to sell your home quickly and for maximum profit using contract for deed financing.
(PRWEB) March 26, 2004 -- You can sell your home in the Minneapolis, St Paul Minnesota Metro Area quickly and for a premium price with contract for deed financing. You also enjoy the benefit of collecting an above market interest rate on the contract for deed. I will explain how contract for deed financing works. In a traditional home purchase, after the buyer decides to buy your home, they call a bank and apply for a mortgage. The buyer will give the bank a down payment and sign a mortgage. The bank then issues you a check for your purchase price.When you sell you home using contract for deed financing, you collect a down payment from the buyer and agree to accept payments from the buyer for a period of time. Your charge the buyer interest on the remaing balance. The typical interest rate on a contract for deed is 8% or above at this time. Where else can you earn a secured rate of return in excess of 8%? You can structure your CD (contract for deed) to be paid off after 5, 7, or nine years etc., much like a CD at a bank. Your home will sell quickly and for a premium price because of the terms you are offering potential buyers. Your home is secured by the down payment the buyer will make to purchase your home. This is a great option if you dont need all your money at one time and would like take financial advantage of your home, or if you have no equity or need to sell quickly. If you would like more information on selling your home using contract for deed financing please contact Anissa by phone at 612-605-0748, email her at stpaulhomes@msn.com, or vist her website http://anissa.8m.com/.
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