The best time in history to buy real estate creatively!

The biggest objection from buyers right now… “but, the interest rates are too high!”

Even the News is eager to give its’ viewers Hopeful news! Have you seen the headline? Canada Drops interest rates.

Giving the people hope that interest rates will soon fall in the US as well. Have you been to the store? Inflation is out of control.

Funny, story. True Story.

My wife bought 2 shampoos and 2 conditioners… how much do you think she spent? $30?. NOPE! $60?… I wish! $120??? Not even in the ball park! She spent a whopping $170 That was with her ULTA discount. For JUST shampoo and conditioner.

Even eating fast food is considered a luxury.

I’m sorry to say this. But, interest rates need to stay where they are or even a bit higher.

So how can your buyers get lower interest rates?
Well, 2 ways.

1. Subject to existing loan: Where the buyer just takes over the current mortgage payment of the seller.

2. Seller Financing.
   1/3rd of homes in the US are owned free and clear. Meaning no mortgage on the property. Negotiate seller financing that benefits your buyers.
   
   
   I can already hear jaded realtors say that this is too much work… Which is good news for those that are willing to explore this option. LESS COMPETITION!
   
   Always do your due diligence and run it by your broker or manager.