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Updated almost 4 years ago,
Seller financing in a seller's market?
Hello,
I do not approve for conventional financing currently and the best current option for me is looking for seller financing. I know that this is very tough in a seller's market, and several real estate agents have confirmed that much. It seems like it is something you need to aggressively search out. Would it make sense to call the seller's agent on online listings and inquire about whether the seller would think of financing? The realtors I've talked with don't really want to get caught up with all that, I think, because I'm looking at a low price point and it would be a ton of work for them with no pay and only a slight chance at a future sale, again for a low priced house.
But I'm sure if I called the seller's agents myself and got a few leads they may be personally more invested in negotiating for me if I did the initial leg work? Thanks!
- Sean