MLS listing as a Seller Finance
How should I answer these specific MLS input questions as it pertains to seller financing? We own the home and have a sweet 3.75 % interest rate. So, we want to sell on a wrap. Owner financed - 10% down, with 10% interest. In creating the MLS listing, (my wife is the realtor) there are a few things that we need help with representing accurately. X
1. Listing Terms… I checked - Owner Will Carry
2. Loan Type … choices are: Assumable Qualifying, Assumable Non-Qualifying and Treat as Clear. Which one is correct?
That’s all I have for now. Thanks in advance!