If you have real estate that you need to sale immediately and for what ever reasons the property is not selling as fast as you would like; consider the "Owner Will Carry" technique.

Carry back a second or even a third for six months and then turn your trust deed into cash.   

Will the Investor discount your trust deed (note) in six months?  Yes.  How much?  It depends on several factors: 

• Equity in the property
• Credit score of the payor
• Payment history or late payments
• Number of payments that have been made
• The yield or price an investor may offer

It can go as high as a 35% (some cases highter) discount on the real estate note.  This is 65% cash NOW, as opposed to waiting 10, 15, or 20 years.  Many real estate investors view the discount as a cost of doing business and include a part of the cost into the selling price of the real estate. 

Example:  You are selling a nice piece of property in a questionable neighborhood.  People who could qualify for the property choose to buy in different areas.  However, there are many people who love the area and would not think of living anywhere else.  BUT, they do not have the down payment.  They have long-term jobs, good monthly income, but no down payment.

So you offer Seller Financing, and sell the note in 6 months for cash and move on to the next property.

This type of transaction is often times suggested for tax clients (investors) who are selling rental property and want to control the amount of capital gains taxes that they incur each year.

For more information contact us at: taxeswilltravel@aol.com