Are you considering seller financing? Perhaps you want to minimize the taxes from a lump sum payoff when you sell? Or, how would you like to earn interest on a loan that is secured by a property you know well? Here’s why we are a great candidate for seller financing!
- We have 800+ credit scores and a low debt to equity ratio
- We are experienced owners and operators and know how to manage parks with private utilities, RVs, disgruntled tenants, regulatory issues, etc…
- We are very flexible and will accept loans with short terms (to increase your monthly cash flow,) balloon payments, above average interest rates, high payoff penalties, etc…
- We have excellent credit references from other sellers who’ve provided financing.
- We will meet or exceed your insurance requirements to mitigate risks and ensure we can continue to make the payments in the event of a loss.
- We will provide whatever annual financial reports you require to confirm and verify we are operating the property in sound and successful manner.
The key to success with seller financing is to select a buyer who can accommodate your terms and has the experience to perpetuate the successful management of the property over the term of the loan. If you are considering seller financing, please give us a call before signing a listing agreement with a broker!