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Updated almost 14 years ago,
What terms shoud I use
I've just gotten a verbal agreement from a buyer on a house that I am selling with owner financing (wrap mtg).
We settled the deal based on amount of down payment and monthly payment, but did not settle on the actual sale price.
My question is should I sell with a higher price and lower interest rate or lower price and higher interest rate? What other details need to be considered in making this decision?
Thanks,
Bob