Skip to content
Buying & Selling Real Estate

User Stats

95
Posts
18
Votes
Mike Morrison
  • Contractor
  • Woodlands, TX
18
Votes |
95
Posts

Do Buyers Have Unrealistic Expectations Regarding Owner Financing

Mike Morrison
  • Contractor
  • Woodlands, TX
Posted Sep 22 2011, 19:52

I ask this question because in the last year,all of my residential sales involve owner financing. I would say that 80% of prospect buyers expect an interest rate of under 6%.
When they find that we are talking north of 7.5%, they balk.
Are any of you finding this?

Loading replies...