Hello HomeSeller,
There are 5 things (five components) I will need to cover so that you fully
Understand on 'How' We are going to structure this Offer to Buy from you...
The 1st TWO pieces is your Price and my markup.
The Price has to be realistic where it is in Market Value Range...
Usually when other homesellers sell using a realtor. They get Net 93 cents per dollar of Agreed Sales Price... This means after the Realtor gets paid his 6-7% the remaining money goes to the HomeSeller...
thats it... roughly 93 cents per dollar of sales price.
<> So with thought in mind.... whatever your price is... Keep it Fair!....
Just Subtract 4% from it....
(the Formula is $XXX,xxx times .96 for simple math) You GET 96 Cents!!!
So if you want.. For Example;
$200,000 sales price.... 200,000 X .96 = 192,000... I'm buying from you for $192,000
so then I can add in my 4% Markup which will increase the price to roughly $200k...
You are Saving Money by Selling to me -vs- a realtor!
There are No Realtor Fees for you!
<> So the first Hurdle is this; "DO YOU AGREE TO THIS"?
If Not... then Click Off Now, we can't do business anymore...
***If YES, you'll see I'm SAVING you Money already over a Realtor, then continue reading further...
~ Once you Agree with a particular component...
Please Do Not go back to think about it...
because you already have Agreed to that particular aspect of component...
CASH DOWN...
<> 2nd Part is the Cash Down component...This I find is quite challenging for many out there...
But think about this for a minute...
if FHA has a 3.5% Down requirement then you Can Allow the Same...
( I See many homesellers asking $20k to $40k...
who has that kind of money anyway? very very few and then they will be selective...)
<> So here and now Agree to a 3.5% Down or Less? just remember...
if you Agree continue on reading the next item.
If you DisAgree here... you might as well Click Off!
FINANCING...
<> On the 3rd component is the Financing, most properties will already have some kind of a loan on it and thats O.K. ( we have a Special way to work with this)
Main Question;
Do You have Equity? if yes?
So figure the net price selling price to me MINUS the Balance Owing on your loan is considered your Equity....
Expect to Carry this for many years...
You will Get a GOOD LITTLE CHUNK OF MONEY UPFRONT (the Down Payment),
But...
You will NOT get Cashed Out Immediately Today!!
<> So do you Agree to Recieve Monthly Payments on your EQUITY Part?
Again remember if you Don't Agree..
then just Click this Off! Don't read this anymore...
LENGTH of FINANCING...
<><> Now we are at the very Last Component on this;
The Length of Financing on your Equity...
This means that 1 Day you will Get Cashed Out its generally from 5 years to 15 years..
from the Sale Date once your Home is Sold...
<><> Do you Agree with this, its Minimum 5 yrs wait for you??
<><> If you Offer an Enticing Incentive of some sort perhaps we can reduce it to 4yrs or maybe 3yrs??
....case by case basis.
Best Regards,
Greg T. Lisoff
503. 863-8486
p.s. I'm not a realtor, nor a loan broker, nor an attorney..
`You can Come and Visit my Main Website, where my people go to at http://www.eco101.ws/sellerfinancing
* Please Note: I Buy with the Intention of ReSelling to my people- my buyers...
* I have many websites for HomeBuyers...
* I have a stand-by ready List of buyers to Buy right now if price and terms are correct...
* I'm sure there will be additional Questions from you and I'ld be happy to answer them...
please write them down for me.
* Send me back an Email with your Price and your Full Name, Address of the property...
There are 5 things (five components) I will need to cover so that you fully
Understand on 'How' We are going to structure this Offer to Buy from you...
The 1st TWO pieces is your Price and my markup.
The Price has to be realistic where it is in Market Value Range...
Usually when other homesellers sell using a realtor. They get Net 93 cents per dollar of Agreed Sales Price... This means after the Realtor gets paid his 6-7% the remaining money goes to the HomeSeller...
thats it... roughly 93 cents per dollar of sales price.
<> So with thought in mind.... whatever your price is... Keep it Fair!....
Just Subtract 4% from it....
(the Formula is $XXX,xxx times .96 for simple math) You GET 96 Cents!!!
So if you want.. For Example;
$200,000 sales price.... 200,000 X .96 = 192,000... I'm buying from you for $192,000
so then I can add in my 4% Markup which will increase the price to roughly $200k...
You are Saving Money by Selling to me -vs- a realtor!
There are No Realtor Fees for you!
<> So the first Hurdle is this; "DO YOU AGREE TO THIS"?
If Not... then Click Off Now, we can't do business anymore...
***If YES, you'll see I'm SAVING you Money already over a Realtor, then continue reading further...
~ Once you Agree with a particular component...
Please Do Not go back to think about it...
because you already have Agreed to that particular aspect of component...
CASH DOWN...
<> 2nd Part is the Cash Down component...This I find is quite challenging for many out there...
But think about this for a minute...
if FHA has a 3.5% Down requirement then you Can Allow the Same...
( I See many homesellers asking $20k to $40k...
who has that kind of money anyway? very very few and then they will be selective...)
<> So here and now Agree to a 3.5% Down or Less? just remember...
if you Agree continue on reading the next item.
If you DisAgree here... you might as well Click Off!
FINANCING...
<> On the 3rd component is the Financing, most properties will already have some kind of a loan on it and thats O.K. ( we have a Special way to work with this)
Main Question;
Do You have Equity? if yes?
So figure the net price selling price to me MINUS the Balance Owing on your loan is considered your Equity....
Expect to Carry this for many years...
You will Get a GOOD LITTLE CHUNK OF MONEY UPFRONT (the Down Payment),
But...
You will NOT get Cashed Out Immediately Today!!
<> So do you Agree to Recieve Monthly Payments on your EQUITY Part?
Again remember if you Don't Agree..
then just Click this Off! Don't read this anymore...
LENGTH of FINANCING...
<><> Now we are at the very Last Component on this;
The Length of Financing on your Equity...
This means that 1 Day you will Get Cashed Out its generally from 5 years to 15 years..
from the Sale Date once your Home is Sold...
<><> Do you Agree with this, its Minimum 5 yrs wait for you??
<><> If you Offer an Enticing Incentive of some sort perhaps we can reduce it to 4yrs or maybe 3yrs??
....case by case basis.
Best Regards,
Greg T. Lisoff
503. 863-8486
p.s. I'm not a realtor, nor a loan broker, nor an attorney..
`You can Come and Visit my Main Website, where my people go to at http://www.eco101.ws/sellerfinancing
* Please Note: I Buy with the Intention of ReSelling to my people- my buyers...
* I have many websites for HomeBuyers...
* I have a stand-by ready List of buyers to Buy right now if price and terms are correct...
* I'm sure there will be additional Questions from you and I'ld be happy to answer them...
please write them down for me.
* Send me back an Email with your Price and your Full Name, Address of the property...
