Assumable Loan/Seller Financing Available Beat High Interest Rates with Loan Assumptions and Seller Financing! Are you looking to save thousands on your next home purchase? I specialize in negotiating seller financing terms and identifying assumable loans. Whether you’re a buyer or a seller, call me to discover how you can benefit from these financing options. Contact Amy at 801-471-8153 for more information! My name is Amy Beckstead, and I bring 20 years of experience in the Real Estate industry as a Realtor, Appraiser, and Investor. For Buyers: If you have a down payment between 5% to 25% and maintain good credit, why settle for traditional financing? With assumable loans or seller financing, you could save thousands. There are numerous homes available for you! Example: A $650K home at a 6.5% interest rate (30 years) will cost approximately $4,108.44 per month. In contrast, assuming or utilizing seller financing for a $650K loan at 3% interest (30 years) will cost about $2,740.43 per month. For Sellers: If you possess an assumable loan or would consider seller financing, consider selling quickly by offering these favorable terms. By acting as the "bank," you can generate residual income and potentially earn thousands more on your sale. Allowing buyers to assume your loan will attract more interest and enable you to pass along your low interest rate, creating a win-win situation. Many buyers may be willing to pay a premium for the home due to the potential savings! By offering seller financing, homeowners can earn an additional $150K to $200K in interest payments within the first 10 years alone! Longer terms equal greater profit. (Based on $650K) A typical transaction will be a 3-10 year term with a balloon payment at the end, meaning the buyer will pay in full or refinance at the end of the term. Important Note: As your agent, I require a Broker Buyer Agent Agreement signature before touring any home with you, per new guidelines from the National Association of Realtors. Rest assured, I will not ask you to sign a general agreement that obligates you to work exclusively with me; this agreement will pertain only to the specific home we tour. All terms are negotiable. Most listings reflect these fees in their pricing, and I will strive to negotiate them into the deal. I dedicate significant time to researching, pre-negotiating terms, and analyzing properties to ensure my clients receive the best possible price. Amy Beckstead License: 288920-SA00 Equity Real Estate-Solid Office License: 6855857 – BO00 MLSID: 86689
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