One of the easiest–and the most forgotten and neglected–ways to sell your home is with owner financing which has these advantages for you (the homeowner) and for your buyer:
No bank qualifying for your buyers–you are the bank!
No realtor’s fees or commissions eating away at your profits.
You and the buyer have full control over the terms of the deal–if you both agree, its a deal.
The contract is much simpler than the standard purchase and sale agreement provided by the Realtor’s Association–2 pages vs. 10+ pages–and it’s drawn up by a lawyer and totally legal in all states.
With the simpler process and fewer parties involved, the deal can close in as little as three days.
The buyer makes the payments for you and is responsible for any maintenance on the property–you are not a landlord!
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