Seller Financing??

[Jack Lee]

Hey guys,

How do you go about getting seller financing? Do you just ask the seller if they are familiar to the topic and then give them more information?

In addition, what if the seller uses an agent? Do you just pass the word to the agent?

Thanks

[Ned Carey]

One good question to ask when screening sellers is "Which is more important to you, selling fast or getting top dollar?" Or you can ask "Do you need the money right away or can I pay you over time?" The answer gives you an idea how to structure your offer.

If they want top dollar you can say "I can pay top dollar if I can pay you over time. "

I have found if I ask about "Owner Financing" they don't understand the term or how it works. I spend a lot of time trying to explain the concept of seller financing. "Can I pay you over time/" is something anybody can understand.