benefits of seller financing

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Contact Information

Joyce C. Jeffrey

Summit Executive Realty

4530 Barksdale Boulevard, Suite E

PO Box: P.O. Box 8341

Bossier City, Louisiana, 71112

Office: 318-747-3117

Cell: 318-208-0470

joycejeffrey@realtor.com

Lic. #: Licensed in Louisiana USA

benefits of seller financing

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What are the benefits of seller financing?

Seller financing offers tax breaks for sellers and alternative financing for buyers who can't qualify for conventional loans.
If you are a seller, the risks you face are the same as those facing any lender: Is the borrower a good credit risk? Will the Shreveport, Louisiana property hold enough value over time to allow for the repayment of all loans made against it?
You should run a full credit check on the borrower, require hazard insurance on the property and include a due-on-sale clause. There also are financing, disclosure and repayment-term requirements that need to be met. It is wise to consult a lawyer when putting together this kind of transaction.

Questions about Shreveport, Louisiana Real Estate?

Ask us below or Call us Now at 318-747-3117