What price can I get for my house?
We don’t know until we evaluate the property. The price needs to be fair, but certainly doesn’t need to be rock bottom as if you were competing on the retail market. Depending on your situation there may be other ways for you to profit from this type of arrangement.
- Getting some positive cash flow each month over your loan payment
- Your mortgage balance may be reduced if your payment includes principal
- You can still take depreciation expense and reduce your income taxes
- Buyers will pay the attorney’s closing costs, different than you paying the buyer’s costs as is typical in a normal sale these days.
The price will be reasonable and will be agreed with you in advance. The most competitive way to attract interest is being as low as you can on the monthly payment. Often that is more important to our buyers than price. Once the terms are agreed upon between you and a company representative, there will be no changes made without your approval.