FAQ
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How Does The Cash Offer Program Work?
Tell us about your property. It's quick, easy, and free! If it meets our buying criteria, we'll reach out to set up a quick appointment. We'll present you with a no-obligation offer or discuss the best way to proceed. We close the deal at a reputable local title company, putting cash in your hands in as little as 15 days!
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How Does Our Seller Finance Program Work? Elevate from Landlord to Lender
When you choose to sell your home through our Seller Finance program, you step into the role of the bank. Just as banks are represented by the majestic eagle perched atop the flagpole, you can now enjoy the top-tier position. Transitioning into the role of the bank doesn't bring added work or stress; your money grows effortlessly. All transactions continue to be handled through a real estate attorney or title company, ensuring that all documentation is meticulously recorded.
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What Are the Parts Of The Loan?
There are four parts to the loan: length, down payment amount, monthly payment amount, and occasionally a balloon payment. The length of our loans is typically 10-20 years and are based on the seller’s timeline. The down payment on the property is typically $5,000 (+/-) depending on the overall equity in the house. The monthly payments are based on a 30-year fixed rate. The balloon is the lump sum that we owe at the end of the term length, since the monthly payments are based on a 30-year fixed rate they generally only pay off 20 – 40% of the loan.