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When Is Seller Financing Right For Me?
Seller financing allows you to attract many buyers, sell fast, and get full value from your home sale. Read this article to learn everything you need to know about this smart home sale method.
Seller financing or owner financing is a real estate agreement whereby a homeowner extends credit to a buyer to purchase their home. The buyer is expected to pay back in monthly installments with interest within a specified period (usually 5 – 30 years, though it can be less) – just like bank mortgages.
Often, homeowners offer seller financing when their buyers can’t meet the banks’ mortgage…
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Seller Financing: A Step-By-Step Guide On How To Go About It
What is seller financing? How does it work?
In this article, we explain the owner-financed home sale process. Find out by clicking the link below.
Let’s imagine – you have a buyer who wants to buy your home for the asking price. However, due to some issues (e.g., previous bankruptcy, foreclosure, etc.), the bank refused to grant them a loan. What do you do?
For many home sellers, the next step is to start the search for another buyer. But this is because they have no idea about seller financing.
So, what is seller financing? How does…
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8 Reasons Why You Should Consider Moving to Utah
Looking to relocate to a place with good security, great job opportunities, and a family-friendly environment?
Utah offers all of these and more. Come with us as we examine why moving to the beehive state may be the best option for you.
Before relocating to a new state, there are certain features you expect that state to have. If you are like most people, features like security, jobs, and a family-friendly environment will be among your must-haves. You’d want a state that has all or most of these features.
This brings us to the question: Have you considered moving to Utah?
The beehive state offers the best of everything you…
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7 Crucial Tips Every First-Time Homebuyer Must Take Note of
Dive into this article to get the seven (7) crucial tips that first-time homebuyer must know to seamlessly navigate the home buying process
Buying a house is a key part of the American dream. You get to finally have a place to call yours and start a family. However, achieving this dream requires following a complicated process.
Homebuyers, especially first-timers, need to know as much as they can about this process before making a decision. Not doing so can lead to regrets in the long run. Already, a study shows that more than four…
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8 Reasons Why a Real Estate Deal May Fall Through
About 20% of real estate deals fall through. In this article, our team of experts reveals the common reasons why this happens and provide tips on how to prevent a failed real estate transaction.
Everyone enters a real estate deal with the hope for success. But in today’s highly competitive market, there are many ways through which a real estate transaction can go wrong. These reasons may be the clients’ (home buyers/sellers) or agents’ fault. Other times, it is no one’s fault at all.
In this article, our team of experts explores why your real estate deal may fall through. The most…
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8 Common House-Hunting Mistakes First-Time Homebuyers Make
Making mistakes when house-hunting can delay the buying process or cost you your desired home. To help you, we list out the most common mistakes to avoid in the search for your dream house.
House-hunting is the most exciting part of buying a house for many first-time homebuyers. It is an opportunity to finally choose a home you love for a price you can afford. However, many of us get carried away during the process and forget that there’s a lot at stake.
For example, some first-time homebuyers overestimate their finances when house-hunting and attend showings of houses above their…
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A Guide On How To Save Up For Your House Down Payment
How can smart home buyers save for their house down payment? By having a saving target, adopting a saving habit, boosting their income... and reading our latest article on the topic!
For most people looking to buy a house, getting the funds to do so is their primary priority. But most banks won’t give them a loan if they haven’t saved up their house down payment. In fact, some banks try to verify that the funds exist by checking the applicant’s bank statements.
So, in order to get a mortgage loan, you have to save for a house down payment.
But saving for a house down…
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10 Common Home Buying Myths You Should Ignore (And Why)
Believing false home buying facts can be detrimental to your home purchase process. To help you, we've compiled this list of the most common home buying myths you may come across - including some that may surprise you.
You may not want to hear this, but you know those home buying “facts” your friends and family tell you? Many of them are totally untrue – they are just myths. Sticking to these myths without doing your research can be detrimental to your home purchase process. It may slow down the process or even cost you your dream home.
To help you, we’ve compiled this list of the most common home buying myths…
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8 Reasons Why You Should Go Ahead and Buy A House in 2021
Having second thoughts about buying a house because you feel you’re not ready for the obligations that come with it?
If yes, you need to check out our latest article!
Are you having second thoughts about making that home purchase? Perhaps, you feel you’re not ready for the obligations – financial and emotional – that come with it.
Well, want to hear a secret? It is normal to develop cold feet when looking to buy a house. Many people feel this same way – until they discover the benefits of homeownership.
That’s why to make the whole home buying process less…
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Buying a House in a Seller’s Market: 7 Strategies to Making it Happen
Buying a house in a seller’s market can be tricky. Use these strategies to get ahead of other home buyers in the market.
As a homebuyer, you want the best house on the market for the best price possible. But achieving this in a seller’s market is quite tricky due to the competition for the properties on sale. To have the edge over other buyers in this market, you need to adopt smart buying strategies.
Your strategies should start with having an expert agent like Bost Redevelopment, but it shouldn’t end there.…
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Buying a House Remotely? Here’s How to go About it
Buying a house remotely is quite simple, provided that you are familiar with the do's and don'ts of the process. Read this simple guide to learn everything you need to know about the process.
When making a substantial financial commitment like buying a home, it’s only reasonable to do it in person. But with the advent of the COVID-19 pandemic, this may not always be the best option. Buying a house remotely has now become a reasonably safe way to go for home buyers.
But the remote home buying process is complicated. There are several things you need to do so as to avoid getting the…
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Earnest Money Deposit: An All-You-Need-to-Know Guide
Understanding the concept of earnest money deposit can be difficult. To help you out, we explain everything you need to know about this concept in our latest article.
The issue of earnest money deposit is one of the most misunderstood parts of the home buying process. Many homebuyers don’t know why they pay it or the conditions that may cause them to lose it to their sellers.
In line with our tradition of explaining complex real estate concepts, we present this all-you-need-to-know article on earnest money deposits.
What is Earnest Money Deposit?
An earnest…
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5 Clear Signs That You Are Ready to Buy a House
Buying a house requires serious financial and mental preparation. You may get into trouble in the future if you do it hastily,
So how do you know if you're ready to be a homeowner? Find out in our latest article.
Homeownership offers advantages like comfort, security, and tax benefits. These are perhaps the reasons why 89% of millennials want to own a home in the future. But as exciting as homeownership is, you shouldn’t just wake up one day and decide to buy a house. That will almost certainly lead to a disaster. You have to wait until you are ready to handle the responsibilities of owning a home before…
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6 useful buyer incentives ideas you can use to sell your house fast
In a real estate market where every house offers similar features, find out six useful home buyer incentives you can use to get ahead of other homeowners and sell your house for great profit.
Let’s say you need to relocate and have to sell your house fast. However, you were told the current real estate market is unfavorable to sellers.
You may be thinking of reducing your asking price, but that will mean losing a lot of money. You need that money to put your relocation plan into motion. What do you do?
You can use many smart marketing strategies to build a vast pool of buyers and…
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Need to Sell Your House Fast? Contact A Real Estate Investor Today
Do you need to sell your house fast? You've come to the right page.
Bost Redevelopment will buy your house, pay you in cash and close in deal in less than 10 days. Send us a message today and let's talk about your options!
The COVID-19 pandemic reshaped the whole housing market. As a result, homeowners looking to sell their houses are faced with what we call a “demand shock.”
(A demand shock happens when buyers’ demand for something stops temporarily – due to a specific reason.)
This shock, caused by buyers afraid to buy houses due to the unpredictable future, is not going away soon. As a homeowner looking to…
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A Simple Guide on How to Avoid Over-Improving a Home Before Selling
Not every improvement done on a house pays off. Read this simple guide to learn how to avoid making upgrades that will give you little or no ROI after sale.
Not every improvement done on a house pays off in the end. But in a bid to attract great offers, many home sellers ignore this and make unnecessary upgrades to their homes.
The result of their over-improvement? Lack of prospective buyers (compared to expectations) or loss of investment.
To save home sellers from making this kind of mistake during their home sale, we present this simple guide.…
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Moving Out After a Home Sale: 7 Expert Tips to Make the Process Stress-free
There are three P’s to a stress-free relocation. Learn how you can successfully PLAN, PREPARE, and PACK when moving out to a new home.
After putting your house up for sale, ideally, you need to relocate before buyers start trooping in for inspection. Remaining in your home during this period may prevent you from properly staging your home. Besides, your family may be in discomfort from having to continually leave home on inspection days and every time a potential buyer wants to visit the property.
Moving out of a home can be…
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