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Buying and Selling a Mobile Home

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Atlas

Mobile Home Directory

Owner Financing Mobile  Homes

Since most banks today are not willing to finance older model mobile homes built before 1986, a large gap exists for bank financing on pre-owned homes.

The answer is seller financing these homes.

Create a cash stream to your mailbox, that arrives each month, after month, after month!

The way to sell your home is to advertise a low $400 to $500 down payment.

The folks your going to be selling to,  typically do not have large sums of money stashed away for a big down payment.

So sell your mobile home the easiest way you can and get a lot more money by receiving the monthly payments. With low down payments most people will clean, paint and repair in exchange for a chance of home ownership.

Letís say you think your home is worth $7,500.00

You take $500 Dollars as a down payment

You finance the remaining $7,000 Dollars for:

At a fair 12.5% interest rate

The payment is

$7500 - $500

30 months

12.5%

$272.89

After 2.5 years you have received

Plus the $500 dollars down comes to

By waiting 2.5 years you made an extra

$8186.7 3

$8686.7 3

$1186.73

The best part is if anything breaks or needs repair after you sell it is the purchaserís problem and not yours. The cost of home ownership has been passed on to someone else.

Letís say you think your home is worth $4,500.00

You take $500 Dollars as a down payment

You finance the remaining $4,000 Dollars for:

At a fair 12.5% interest rate

The payment is

$4500 - $500

30 months

12.5%

$155.94

After 2.5 years you have received

Plus the $500 dollars down comes to

By waiting 2.5 years you made an extra

$4678.1 3

$5178.1 3

$678.13

For free guides outlining the process and help managing the aspects of the loan visit Circle Lending by clicking on the link below.

 

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