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Updated about 14 years ago on . Most recent reply
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Creative Financing and Agents
Is it possible to do subject to's, master lease options, wraps if there are realtors or agents involved? Wouldn't the seller need enough money from the buyer to at least pay their agents?
Buyer pays closing costs, are there any other costs associated with these strategies?
Thanks
Most Popular Reply
Tiffanie,
it is possible, but you have to be prepared to educate both - the seller and their agent when you want to buy with so called uncommon terms (anything else than cash or conventional loan).
Good and ethical agent who is really looking out for the seller's best interests, will understand and help as they can. But unfortunately, most of the time an agent is just after the commission and the easier and faster they get the commission, the better.
That is why I find it easier to deal with the seller directly when it comes to owner financing, lease option, etc.