For Sale By Owner - Some of the Alternative Lending Options...
For Sale By Owner (also known as FSBO) : Shortcomings and Alternatives In the world of finance, they say that when one door closes, another opens . One man’s loss is another man’s gain. If you are an underwater homeowner, this might come as little consolation. Seen from another perspective, though, there are almost always ways to take advantage of prevailing tides with a little bit of forethought and planning. Trying to sell your home by yourself , usually referred to FSBO or For Sale by Owner can be difficult or simply impossible . However, by enrolling the help of a creative Real Estate professional, you might find similar alternatives that can work. Alternatives strategies like owner financing and leasing to own are becoming more common now that traditional lenders have frozen up. The fact that we are firmly entrenched in a buyer’s market just means that we have to do a little research and reorient ourselves to the options. Assessing the Damage As soon as it...