Bank Financing Taking A Back Seat

Mesa, AZ (PRWEB) April 28, 2008 -- With bank financing percentage rates skyrocketing and a strict loan qualifying process it's no surprise Seller Financing is on the rise. The whirlwind of benefits alone for both buyer and seller are enough to sway the decision making process. For instance, for the buyer there's: Little or no qualifying, Tailored Financing, Down Payment Flexibility, Lower Closing Cost and Faster Possession. And for the seller benefits are : Higher Sales Prices, Tax Benefits, Shorter Listing Period, Extra Monthly Income, Higher Interest Rate and a Shorter Listing Term.

But even though the benefits are great for the seller some, for whatever reason (family emergency, vacation, bills, just want out) as time passes would like to get rid of this Seller Financed note that was created but don't know how. This is where Cash 4 Your Mortgage comes in and helps (http://www.myspace.com/cash4yourmortgage), relieving the seller of this mortgage note by giving them a lump sum of cash now for a discount on the note. Many times the seller feels burdened because they really never wanted this note in the first place, but felt this was the most beneficial option at the time. This process benefits both Cash 4 Your Mortgage and the seller. The seller obtains a lump sum of cash within 1-3 weeks and Cash 4 Your Mortgage becomes the new owner of that seller financed note. This is risky so specific details are gathered about the property by using a Note Analysis Worksheet which is one page long. This Worksheet can be emailed to the seller or the seller can choose to contact Cash 4 Your Mortgage directly and have a professional walk them through it. Things like payment history and Interest on the seller financed note are just a few things taken into consideration. The whole information gathering process about the seller financed mortgage note takes no longer than 20-30 min, as long as the seller has all their mortgage note information. After this data is collected from the seller Cash 4 Your Mortgage (http://www.myspace.com/cash4yourmortgage) contacts the seller within 24-48 hours with an offer. If the seller is happy with the amount offered they will receive a few more papers to finalize everything pertaining to the seller financed note, and have their check within 1-3 weeks.

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