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21
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5
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Vincent Zhu
  • Gilbert, AZ
5
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21
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Seller finance to investors

Vincent Zhu
  • Gilbert, AZ
Posted

I am selling an brand new house, but stuck for some time because the neighborhood is not very good but I am asking for 700k for the house. It's about 3000sf. So now the situation is it's not easy to neither sell nor rent for more than 1 year. Now someone (likely an investor) offered a seller finance with 350k down payment, and offered above listing price. Looks tempting, but is there any catch with seller finance? Also I am wondering how this investor may benefit from this sell because I am being stuck for more than one year now. Thanks.

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