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Find the perfect home, land or commercial property without any hassle. Contact us for more information if you are interested in our referral program. Schedule a presentation for your team today and start tapping into a whole new market of opportunity.
If you are looking for homes for sale in the Houston, Texas area but need special financing options, SWE Homes can help you get into your dream home in no time at all. As a for sale by owner company, we have the flexibility to meet all your financing needs through our owner financing and layaway programs. If you’re ready to move on from the renting world, seller financing is a better option for you.
Texas for Sale.
With limited properties offering owner financing, Owner Financed homes attract quite a bit of attention. In many cases there may be multiple parties interested in the property regardless of the market conditions. This can cause an “auction effect” and drive the price of the property up. This “auction effect” can drive the price of the home up by $5k-$15k.
Our homes range in price from $50,000 to $300,000 and typically require a down payment of $5,000 to $100,000. The best place to find your home, land or commercial property for sale. Jason bought over 1,000 houses over the last few years. Hear his thoughts on how 2020 is going to be unlike any real estate market in histor... Learn how our program can help you close more deals in 2021 and provide your clients with alternative financing. With a valid ID or Passport & Proof of Funds, ALL buyers are approved within hours.
What are Owner Financed Homes?
Everyone’s situation is different, so contact us and we will let you know if your situation requires or needs a real estate attorney. We can make sure you are represented correctly from day one. Luckily, a traditional mortgage isn’t the only option available in Houston. If you’re seeking funding to make your home-owning dreams a reality, houston owner financing can help – even if you have bad credit or no credit at all. SWE Homes offers a variety of commercial properties for sale for all investor needs. Our owner financing program allows for a quick and easy...
You can begin treating the house as your home and designing it for your unique needs. The only interaction you’ll need to have with the seller is making your payments. There are currently 0 homes for sale matching owner financing in Houston at a median listing price of $355K.
SELLER’S – When having Owner Finance homes in Houston
We are an alternative to buying a home the traditional way. You do not need to have perfect credit and we offer payments to fit your budget. For example, if you sold a house for $100,000 and you had a cost basis of $40,000, this gives you a gain of $60,000.
Inquire with us on this site for available properties. For more information about owner financing of homes in the Houston, Texas area, contact SWE Homes today by phone and get started on buying your dream home today! You can also use our web tools to start searching for the perfect house for you on our site. In the first situation, the seller will act as your landlord until you purchase the property. That means you may not be able to make changes to the home and will likely have a set of rules to abide by.
Buyers are willing to pay a premium for this type of financing, particularly if they can’t get traditional financing. This option is popular in Houston because it gives buyers who don’t qualify for a traditional mortgage another path to homeownership. Sellers often choose this option because it leads to a faster closing time and the house can be sold as-is.
It’s a handy tool to have when the housing market is competitive. Our Free Inquiry form collects the basic information to start the process of buying a home. You don’t have to worry if you have no credit or bad credit, our owner financing terms and layaway program can help you get the home that you want. Upon submission of the form, our staff immediately goes to work to get you into a home as quickly as possible. If you or any of the borrowers have filed bankruptcy, you may be required to put a larger down payment. If you currently have an active bankruptcy, you may not be eligible for our owner financing program.
If you spread the sale out over 30 years, this results in a $2,000 gain per year. If you want to know more about how to reduce owner financing risks go toReduce Risk Factors. The Seller can still generate monthly cash flow like a rental property, but the Seller is no longer responsible for many of the responsibilities of homeownership.
It is not unheard of for a seller who offers owner financed homes to sell in less time than a traditional sale regardless of the market landscape. With minimal options, homes offering owner finance don’t stay on the market long. Multiple parties being interested in a property increases the sales price and sells the property in a quick manner. In order to calculate your capital gains per year of the loan, you must know your cost basis of the property being sold.
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