David Barr's Sarasota and Venice Real Estate Blog

Homes offering owner financing are becoming a more popular niche.  I have been concentrating in  specializing in owner financing negotiation. You don't have to have bad credit to benefit from owner financing.  Many home buyers and sellers are refusing to deal with the hurdles involved in getting a bank mortgage.  But, a conversation I had today with another agent brings up the issue of Fair Housing law. No one offering mortgage financing can legally ask about the status or demographics of a buyer.  There are protected classes of buyers which include familial status, race, gender and sexual preference.  As Realtors, we should be counseling our sellers and buyers about the law and basing sales and purchase decisions based on buyer qualification for the mortgage only. Visit my website for owner financing homes for sale:  http://www.davidbarrhomes.com/#!owner-financing-sarasota/chfb

Homes and condos for sale with owner financing is an area of real estate most agents don't serve effectively, if at all.  I recognize there is a sizable number of underserved potential home buyers who are looking to own their own homes and repair their credit after the real estate market crash of 2007 and 2008.  I can assist buyers looking for owner financing:   www.davidbarrhomes.com/owner_financing The most frequent question I get from buyers looking for owner financing is 'What kind of terms is the seller looking for?'.  The most frequent question I get when asking home owners is 'What kind of terms is the buyer thinking of?'.  A home owner always responds more favorably to a written offer. The best way to approach owner financing homes from a buyer's standpoint is to tour homes that fit your budget both for monthly payments and the amount of money you have to put down. As with bank financing, home price and loan terms are negotiable.  Home ...