Thursday, August 19, 2010

Does anyone know of homes for sale with owner financing in the Van Buren, AR area?

With the housing market in such a slump, it may be worth while to 'ask' for owner financing when you view the home.





Typically, if the house is listed with a real estate company, you're going to have to come up with the 6% commission as a down payment. The seller may even ask for more of a down payment so he/she can have some cash to pay closing costs (attorney or title company will have to be paid to draw up an owner finance contract).





If you are short on down payment money, look for FSBO properties. The seller's may ask for a smaller down payment. Also, the longer the property has been on the market, the more anxious the seller is to negotiate.Does anyone know of homes for sale with owner financing in the Van Buren, AR area?
Check with a real estate agent, owner finance available is a question on many mls services.
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