About Seller Finance Throughout 2007 NoteWorld Servicing Center’s highly acclaimed instructors have been presenting the course About Seller Finance to seasoned Real Estate professionals and industry newcomers alike. This month marks the course’s First year anniversary and after navigating the rough waters of a changing housing market, much has been learned in the process. Looking expectantly to the New Year, what can be expected? Will there be challenges? Undoubtedly. However the outlook isn’t as bleak as many believe and now more than ever Seller Finance will be a key factor in the new marketplace, perhaps even becoming a standard mainstream financing vehicle- a far cry from the obscure status this alternative financing method was subject to before NoteWorld put it in the front lines. There are several reasons why an educated familiarity with Seller Finance is important today. With interest rates creeping up and sub-prime lending becoming a bad word, Seller Finance may be the only way for many new buyers to purchase a home. The present condition is also attractive for investors who will want to scoop up the deals the average person cannot afford through prime lending. Realtors will also find more and more retirees that will become investors as a means of providing a fixed, steady income on a longer term basis. These are all common market reactions to be expected and the reason why Seller Finance has become the best tool to make sure Realtors stay in business throughout the new year. The more you know about Seller Finance the better prepared you will be to recognize the conditions of an excellent Seller-Finance deal and find the best source for your commission earnings. The 3-hour continuing education class ‘About Seller Finance’ will show you how to identify, and guide your clients through a Seller Finance transaction. Join the hundreds who can attest to their success by using the techniques learned in this informative class, and start closing deals in January 2008! For more information call 480-290-9770.
"This article was submitted by NoteWorld.com. Its a class geared toward agents, but sellers and buyers should consider attending as well. It would be of great benefit for more real estate owners, buyer as well as REALTORS to get to know about seller financing. This form of financing has been on the comeback after a hiatus during the easy money years. I have participated in several transactions, in Phoenix, involving seller financing, both representing buyers and sellers. In the near future we will have more articles about seller financing." Artur Ciesielski, CCIM |