Loan origination? Need help SELLING a home with private money.
Alright, so I have a house valued at about $60k. The amount owed on the home is over 50k. We'd like to sell the property quicker than the average 150 days on the market in our area without selling at a discount. Having worked as a realtor, I know that people jump at the opportunity to a seller financed home, but we don't have that option as we need to cash out. We're looking for someone who wants to cover the loan secured with the property and provide us the terms so we can market the home this way. We'd need the existing note covered at closing, but could possibly be flexible with the (limited) equity. Ideas? Better suggestions? Let me know. Thanks.