Contact Information
Clyde Brown Legacy Real Estate & Associates 41111 Mission Blvd Fremont, Ca, 94539
Office: 800-839-0665 Cell: 510-371-4237
Lic. #: 01368975
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Benefits of seller financing |
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What are the benefits of seller financing?
Seller financing offers tax breaks for sellers and alternative financing for buyers who can't qualify for conventional loans.
If you are a seller, the risks you face are the same as those facing any lender: Is the borrower a good credit risk? Will the Fremont property hold enough value over time to allow for the repayment of all loans made against it?
You should run a full credit check on the borrower, require hazard insurance on the property and include a due-on-sale clause. There also are financing, disclosure and repayment-term requirements that need to be met. It is wise to consult a lawyer when putting together this kind of transaction.
Questions about Fremont Real Estate?
Ask us below or Call us Now at 800-839-0665
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Last Updated ( Friday, 12 June 2009 )
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