Southwest Florida Title Insurance & Real Estate Blog -

How to Help the Buyer of Your Home Get Financing

Posted by Chris On October 18
How to help the buyer of your home get financing

This is the seventh of 10 Tips for Selling Your Real Estate, a FREE guide to help you list your house “For Sale By Owner.” Available now at WingedFootTitle.com/ebooks.

Most sellers who list their home “for sale by owner”, tend to assume that potential buyers have been through the home-buying process and know the stages of buying a home.

However, the fact is, this is one of the services that a Realtor® would normally provide. It is now going to be up to you, as the seller, to walk the buyer through the process of getting to the closing table.

The best way to navigate financing is to align yourself with a local title company and mortgage company that can help walk you through the process.

Why you Need a Loan Officer or Mortgage Broker

By aligning yourself with a mortgage company, you are actually giving the loan officer leads in return for assisting you with the transaction, so it’s a win for everyone.

For Sale By Owner - 10 Tips for Selling Your Real Estate Tab and Binder

Download a free copy

Often, mortgage brokers have clients that are approved but still need to find a home. So, this is a great way to tap into their client list to find a qualified buyer.

Your broker will also be able to estimate the closing costs for your home and give you strategic financing tips for marketing (enticements such as zero down, 2-1 buydown options, interest only options, or community funding & grants that are available to buyers.)

If you need more tips for selling your house on your own, especially if you’re in Florida, please download our free guide or contact us online. We’re happy to help!

 

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NOT LEGAL ADVICE: This information is not to be construed as legal advice. Legal advice must be tailored to the specific circumstances of each case. Every effort has been made to assure that this information is up-to-date as of the date of publication. It is not intended to be a full and exhaustive explanation of the law in any area. This information is not intended as legal advice and may not be used as legal advice. It should not be used to replace the advice of your own legal counsel.

Winged Foot Tite, LLC is not associated with the government, and our [short sale orchestration] service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.