 1721 Spur Ridge, Healdsburg |
As you may have found, this is a testy Real Estate Market. There are no guarantees that the lenders will provide enough to cover the sale of the home. Often, buyers don’t have enough cash for a 20% or even 10% down payment. Therefore, sellers of homes in certain price ranges and regions may need to come to the table with inventive ways to attract potential buyers. I’ve seen sellers offer exotic vacations, appliances, even boats and cars to sweeten the deal.
Gifts are nice, but the most attractive incentive to a potential home buyer is a lower price. However, sometimes even that isn’t enough if comparable properties are also reduced or there is an excess of inventory. In this case, one creative option to consider is seller financing.
Here are two properties currently for sale in Sonoma County that feature seller financing. Both are lovely with fresh remodeling and seller financing may just be the ticket to make them available to a buyer who may not have the opportunity or the cash in their account to make the purchase work otherwise.
Posted by: 
Martha O’Hayer
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