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Updated over 5 years ago,

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15
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4
Votes

Best way to market my fsbo property with owner financing???

Posted

I have marketed my FSBO property with owner financing quite heavily and haven't found any serious buyers. What am I missing? In sum, I acquired this property via subject-to and I want to sell it via owner finance on a wrap. So far I have advertised on: zillow, trulia, fsbo.com, craigslist, 10 FB groups, FB marketplace, letgo, offerup, bandit, signs, and flyers to nearby apartments and businesses. I recently translated my marketing materials to Spanish as well.

The house was built in 2015 and is in a new construction subdivision. My asking price is 15k below market value at 205K. I am asking at least $10,000 down with P&I of $1,400/month at an 9% interest rate but would prefer a buyer with $20,000-$40,000 down with an interest rate of of 6%-7%.

I don't know of any rockstar realtors and I am definitely not interested in hiring a realtor who can't get it sold quickly. I am considering doing a flat fee listing just to get it on MLS. What do you think?

Picture of property and flyer below. Link to my listing is: https://www.zillow.com/homedetails/22607-August-Crow-Dr-Hockley-TX-77447/124872074_zpid/?view=public

Please critique my listing and marketing materials. What can I do  to improve and find buyers?

ind buyers?

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