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Realtors

Quick Cash Flow From Probate Property Sales!

Probate property decisions are determined by your needs for cash or cash flow, the condition of the property, and the current housing market conditions.

In this example, the property is in good condition. Even though the current housing market is slow, you can get top dollar if you sell on terms with seller financing. If there are no appropriate buyers within a designated time frame, you can always sell faster for the bigger cash discount.

Since the banks and mortgage lenders have much more stringent underwriting criteria, you can offer seller financing and simplify the process for all involved.

Probate Property Sample Sale-

The appraised value of this property is $240,000. You want at least 10% down from the buyer, but would prefer 20% down. You have no interest in managing the property so a purchase, not a lease with an option is best for you.

A buyer with the following criteria is interested in your property. The buyer has:

  • 10% or $24,000 for the down payment

  • a good credit profile

  • a good job

  • the ability to pay the mortgage


    • This is one way to structure a deal for this buyer.

  • The sale price of the property is the appraised value or $240,000

  • You will receive a $24,000 down payment from the buyer

  • You will receive another $24,000 from funds created from escrow

  • Your total upfront cash is $48,000 or 20% of the sale price

  • You will also receive 72 monthly payments of $1,584.93 for a total of $114,114.96

  • After the 72 payments you will collect the balloon note balance of $132,867.16

  • The total proceeds from your $240,000 probate property sale will be $294,982.12!


    • Probate Property Deal Summary-

  • You can make $295,000 by implementing a cash creation plan

  • Instead of 10% down, you get 20% down in cash

  • The buyer gets a home that he normally would not qualify for

  • Instead of problem, you have a "cash cow"!


    • This is just one example of how you can cash in on probate property. Remember every situation is different, so every solution is customized.

    If you have home buyers that a bank or mortgage lender will not finance, just follow these instructions to get the help you need. If your buyer:

  • has a down payment

  • has a steady job

  • has the ability to pay a mortgage

  • needs help with funding


    • Do this immediately. Complete and submit the form below, and you will be contacted within 24 hours.

    Help Me Finance This Deal!
    Please note that all fields followed by an asterisk must be filled in.
    First Name*
    Last Name*
    E-mail Address*
    Business Phone*
    Property Seller*
    Your Commission On This Deal

    Please enter the word that you see below.

      



    In appreciation for the time invested completing this form, you will receive a 7-part Mini-Course called, "Cash Creation Strategies". This series provides an inside look at the skill and resources needed to finance your property without a bank or a mortgage lender. I hope you will accept it with my compliments.

    We have also created a very special E-Book, "Secrets To Selling Your House FAST In Good Or Bad Markets!" As you must know by now, the secret to selling a property is the financing. This e-book shows illustrates the fundamentals of working with promissory notes to help you create the cash needed to fund your buyer without the need of a bank or a mortgage lender. For a limited time it is priced at only $14.95. Whether you are buying or selling a property you need what this book has to offer. It is available in an easy download.

    This is just one example of the creativity of probate note sale solutions. Create a solution for yourself. Just complete our "Seller-Profile" to start the process.

    NO BANKS NEEDED WHEN YOU SELL OR BUY!!


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