Shore Financing
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Real Estate Agents and Brokers


If you never have a deal that you cannot close, congratulations! If not . . .

Shore Financing can help you sell any property
quickly...                               
  easily...       
                        at full price!

We represent a wide variety of private and institutional investors, nationwide, with unlimited funds!  These investors aggressively purchase seller-financed mortgage notes...often, right at the closing table...or within a few days of closing!

With our knowledge, funding sources, and unique funding strategy, we can get more of your prospective buyers qualified faster and with less down payment than any traditional lending source!

What you don't know about . . . 

Temporary Seller Financing

. . .could be costing you time and lost opportunities!

It is a well known fact that owner financing sells properties fast...especially with properties or prospective buyers that do not conform to traditional lending/mortgage requirements.  But, until now, the big problem with this approach has been that the typical property seller does not want to collect monthly payments...and needs or wants to cash out at closing...to pay off the existing mortgage, to cover all closing costs, to purchase another property, or for any number of other reasons..

We have eliminated that problem!

You and your clients now have access to our unlimited fund sources and can use our unique Temporary Seller Financing strategy to sell a property at top price, and still generate all the cash at closing!

Basically, seller sets the sales price (should be the appraised value), gets a down payment, and, with our help, creates a first Mortgage Note that our investors will purchase at, or right after, the closing!

It is important to note that our investors are not lenders and cannot create or originate loans.  Nor do they escrow property taxes or insurance.  They only purchase existing mortgage notes and that is why the seller will use Temporary Seller Financing to first create the note and, in turn, sell that note to our investor.  Again, this is all done, simultaneously, at the closing table.

See our page on Temporary Seller Financing for more details on this process.

The seller gets top price (appraised value)...the small discount on the note that is sold is often much less than the "price reduction and other concessions" that sellers often have to provide to buyers in order to get the deal done.

Forget the "Good Faith Estimate".  Your clients will know all the numbers ahead of time.  The price that is quoted for the sale of their note is the exact amount that comes to the table!

Lower closing costs!. . . No junk fees! . . . No points! . . . No loan origination fees!

Other than your realtor commission, the primary closing costs are simply the normal cost of the title work and small processing fees.  And these fees can usually be split by the buyer and seller.  Once the buyer is under contract, and we have the required paper work, we can usually close and fund in 7 to 10 working days, or less!  Not 30, 60 or 90 days!

This is a very flexible approach!  We can structure a note in a wide variety of unique ways to meet varying buyer and seller needs.  And while most sellers will need or want to get all their cash out right away, we can also accommodate the seller who just wants to get some cash now and the rest at some point in the future.  This is called a partial purchase, and often provides the greatest overall return to the seller.

Make this program part of your overall sales strategy!

However, you don't have to advertise every property for owner financing, but simply pull this Ace of Spades from your hat when the traditional lending sources say "No".  Sellers who may have been hesitant about this program at first may find themselves more interested once there is a real deal that may fall through.

With this strategy, there are more prospects . . . less hassle . . . and we close much faster!

You get all the above...on a deal that would not have otherwise been possible with traditional financing. 

Let us help you close more deals . . . every month!

Do you have a property that has not sold?

Buyers that can't qualify?

Non-conforming properties?

Deals that just won't close?  

Residential . . . Multi-Family . . . Commercial . . . Land and Lots  

Temporary Seller Financing is a win-win strategy for quickly selling a property for top dollar!  If you want to discuss a specific property and how this strategy can help you and your buyers...please call us to explore our service and possible next steps.

 


Shore Financing
Salem, MA 01970
Tel.:  978-884-1200
Fax:  978-825-9292

info@shorefinancing.com

 

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