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.
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