I need some help selling my personal home with owner financing.
It’s in Northern NJ and I’m having a hard time finding any buyers.
Is there somewhere or someone specific I should be marketing to?
Where in Northern NJ?
I would post the deals details on the BP Marketplace as well as try to connect with some local NJ investors (do a BP search). I'm sure there would be investors interested if it fits their criteria and/or you're willing to give good terms.
Best of luck!
I’m looking for an end buyer.
Single or multi?
I have good friends around the Saddle Brook area if you want to send me more info I will pass it on to them.
Thanks. Zillow link below.
Hi @Danny Haddad . I looked at the posting for your house and the thing that sticks out to me is that you have it listed for more than $100,000 over Zillow's Zestimate. Everyone has their own thoughts about how accurate, or not accurate, the Zestimate is, but I think you're going to have a hard time getting a buyer to pay $100k more than the Zestimate.
Unfortunately, I don't know much about about Totowa or Passaic county despite living in north Jersey, so I can't tell how reasonably priced your home is.
Lower your sales price and make up for it with a higher interest rate.
lower the sales price by 25% and raise your interest rate up 25%.
It’s in between the Zillow and Redfin estimate. I’m definitely expecting to negotiate. There’s not a lot for sale in that neighborhood and it’s very soggy after.
There’s a house 3 doors down that’s newer but they’re asking $819k.
I have 1 more bedroom and a larger better lot.
If I lowered the price by 25% there would definitely be a line down the street. That’s unrealistically low.