Don't sell your property WITHOUT it!
Here’s how to get the MOST money for your property

By Douglas L. Iles

For most people, the prospect of selling their home can be positively daunting.
First, there are usually plenty of things to do just to get it ready for the market.
Besides the traditional cleanup, painting, and repair chores that invariably wind
up costing more than you planned, there is always the overriding concerns about
how much the market will bear and how much you will eventually sell it for.  Will
you get your asking price or will you have to drop your price to make the deal?

After all, your home is a major investment and no doubt a rather large one. 
Therefore, when it comes to selling it, you want to get your highest possible return. 
Yet in spite of everyone’s desire to get the top dollar for their property, most people
are extremely unsure about how to achieve this financial goal.

However, some savvy sellers have long known a little financial technique that has
helped them to get top dollar for properties.  In fact, on some rare occasions, they
have even sold their properties for more than they were worth using this powerful
financing tool.  And while that may be the exception rather than the rule, you can
certainly use this technique to get the most money possible when you sell your
property.

Seller carry-back, or take-back, financing has proven to be a surefire technique for
closing deals.  And while most people don’t think about this method when it comes
to selling a property, they really should consider using it.  According to the Federal
Reserve, currently over 100 billion dollars of seller carry-back (take-back) loans
are in existence.  By any standard, that is a lot of money.  But most importantly, it is
also a very clear indication that more people are starting to use seller take-back
financing techniques because they offer many financial benefits to both the seller
and buyer.

Basically, seller take-back financing is a relatively simple concept.  A seller take-back
loan is created when a property is sold and then the seller performs like a lender by
assisting in financing all or part of the total transaction.  In effect, the seller is actually
lending the buyer a certain amount of money toward the purchase price.  In contrast,
a traditional mortgage company usually funds the balance of the purchase price.  In
addition, a seller take-back loan is secured with the property.  The loan then becomes
the primary mortgage that is fully secured by the property.

In most seller take-back financing transactions the buyer repays the seller, with
interest, in accordance with mutually agreed terms over a period of time.  Usually the
terms call for the buyer to send the payments, consisting of principal and interest, on
a monthly basis.  This is advantageous because it creates a steady monthly cash flow
for the note holder.  If the note holder decides to cash out, he or she can always sell the
note for a lump-sum cash payment.

Regardless of market conditions, seller take-back financing makes sound financial
sense.  It provides the buyer and seller with flexible financing options, makes the
property easier to sell at a higher price, and shortens the sales cycle.  It has the
added advantage of being an excellent investment for the seller because it generates
a steady cash flow and high return.  And of course, if you ever need immediate cash,
you can always contact Beneficial Brokers, LLC TOLL-FREE at 1-800-603-9940.
An attempt to contact a note buyer will be made as soon as possible.
If you are planning to sell your property, then please consider the many benefits of
seller take-back financing.  

Douglas L. Iles has resided in Mansfield, OH since 1988.  He has been married to
wife Dawn since 1989 and has a 26-year old daughter Brittany, a 25-year old son Chris,
and grandsons 6 and 8 years old.   Beneficial Brokers, LLC was established
in July of 2006 as well.  

Currently, Beneficial Brokers and WCS Real Estate Solutions are working together to assist
REAL ESTATE wholesale buyers and homeowners.

***And, as referred to in this page, the option to create a private note for
the homeowner is ALWAYS available.


Doug Iles
Beneficial Brokers, LLC
Creative Home Seller Strategies
26 Gibson Avenue
Mansfield, OH  44907-1316
TOLL-FREE:  1-800-603-9940
Cell phone:  419-545-4446

diles1@neo.rr.com