Comments on: How Seller Financed Properties Help First-Time Home Buyers Get Their Piece of the Dream http://notequeen.com/2008/07/10/how-seller-financed-properties-help-first-time-home-buyers-get-their-piece-of-the-dream/ Owner financing help, title holding land trusts, owner will carry, benefits of seller financing, defer capital gains, what is my note worth, sell my note for cash, create a good note; Pasadena, Temple City, Alhambra, San Gabriel, Arcadia, Sierra Madre, El Monte, Rosemead, San Marino. Thu, 9 Sep 2010 02:42:51 +0000 http://wordpress.org/?v=2.3 By: Jessie http://notequeen.com/2008/07/10/how-seller-financed-properties-help-first-time-home-buyers-get-their-piece-of-the-dream/#comment-579 Jessie Thu, 31 Jul 2008 00:07:39 +0000 http://notequeen.com/2008/07/10/how-seller-financed-properties-help-first-time-home-buyers-get-their-piece-of-the-dream/#comment-579 <strong>Jessie...</strong> The most comprehensive info I have found on this subject on the net. Will be back soon to follow up.... Jessie…

The most comprehensive info I have found on this subject on the net. Will be back soon to follow up….

]]> By: Bob L http://notequeen.com/2008/07/10/how-seller-financed-properties-help-first-time-home-buyers-get-their-piece-of-the-dream/#comment-545 Bob L Fri, 11 Jul 2008 19:52:07 +0000 http://notequeen.com/2008/07/10/how-seller-financed-properties-help-first-time-home-buyers-get-their-piece-of-the-dream/#comment-545 Great article. Some sellers won't mind holding the note. You will usually find that this is a wealthier individual who can stomach the process and understands that his/her return will far exceed a typical money market account. If you do find a seller willing to hold, they will want to minimize the risks with a larger down payment and will also want to be sure you have the ability to pay. As someone who has been asked to hold a note, my first thought was that I would want 20% down. With that kind of down payment, I knew that I could handle the foreclosure risk that comes along with holding the note. Good luck shopping for that new home. Great article. Some sellers won’t mind holding the note. You will usually find that this is a wealthier individual who can stomach the process and understands that his/her return will far exceed a typical money market account. If you do find a seller willing to hold, they will want to minimize the risks with a larger down payment and will also want to be sure you have the ability to pay.

As someone who has been asked to hold a note, my first thought was that I would want 20% down. With that kind of down payment, I knew that I could handle the foreclosure risk that comes along with holding the note.

Good luck shopping for that new home.

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