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Seller financing is simple. You just have to ask for it, and put together simple terms that makes sense for both you and the property seller.
The key is knowing how to ask for it! 🔑
🗣️The way you say things can affect how a potential property seller feels about it.
For example… when you use words like “sign” and “contract”, a seller will throw their guards up. These are red flag words. 🚩 🚩 🚩
Instead use phrases like “take care of the paperwork.” You’re saying the same thing without the red flag words. 🎯🎯🎯
An example of that when asking for seller financing is…
Red flag phrase: “Will you agree to seller financing?” 🚩 🚩 🚩
A lot of times sellers will not be familiar with that term, and you’ll have to educate them.
A better phrase: “Will you take your purchase price in the form of monthly payments over time?” 🎯🎯🎯
You’re still asking for seller financing, just phrasing it differently.
Negotiation is important. And the key to it is how you communicate with the property seller. 🗣️📄💰💰💰
Hope that helps!
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