How to offer seller financing terms?

[Ethan Bowen]

Hello all, I'm going to make an offer on a property. I would like to give the seller a few different options. Obviously I know how to offer cash. But how would you offer say $70,000 on a 30 year notes at 3% APR?

[Nixon Vayupak]

@Ethan Bowen  this what I did and usually get a strong response.  Option 2.  I will pay you $106,244.22 followed by 295.12 X 360 payments.  From my experience sellers look only at the big number, which should be your $70,000 cash deal or your $106,244.22 finance deal.