Spam prevention
Rainmaker
1,708,235
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Zero, I stay away from that and don't find it necessary/ Before you do it or recommend it, talk to a CPA or a tax attorney about the tax implications.

Nov 17, 2016 11:34 PM
Rainmaker
4,244,779
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I haven't included owner financing in an offer in many years.  In that particular situation it was a home where construction had stopped before completion.   

Nov 17, 2016 11:29 PM
Rainmaker
4,300,798
Richard Weeks
Dallas, TX
REALTOR®, Broker

We work mainly with investors.  There are times when they will finance the sale of one of their properties.  I would say the interest rate they receive would be a contributing factor.

Nov 17, 2016 11:10 PM
Rainmaker
600,564
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

We do it every now and then.  For certain rural properties, this is the only way to sell as appraisers won't go out long distances to evaluate and conventional financing is not an option without an appraiser. 

Nov 18, 2016 02:49 AM
Rainmaker
4,509,621
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Zero, interest rates are so low it does not pay!

Nov 18, 2016 01:15 AM
Rainer
45,907
Andy Madrid
Hawaii Coast Realty, LLC - Kailua-Kona, HI
Expertise, Professionalism, and Service

In the past couple of years I wrote two offers for a client that asked for owner financing so that they could close on a property while they also completed the sale of a couple of other properties to free up additional cash.  In both cases we were really looking for a bridge loan of less than 6 months.  Both seller and buyer were high net worth individuals moving around some investment properties.  The buyer was purchasing a multi million dollar property and they wanted the seller to carry back about a million

Nov 18, 2016 12:59 AM
Rainmaker
508,187
Jerry Murphy, CRS, SRES
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

I'm working on one right now.  It's challenging these days because I just don't think people trust one another like they used to.

Nov 18, 2016 12:44 AM
Ambassador
4,721,883
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Have only done one in my career and it's been years

Nov 17, 2016 11:28 PM
Rainmaker
4,278,275
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I do not include it, rates are to low

 

Nov 21, 2016 12:31 AM
Rainmaker
941,023
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I seldom work with anyone interested in offering this

Nov 18, 2016 11:01 PM
Ambassador
1,616,454
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Owner financing is popular in commercial

Nov 18, 2016 10:10 PM
Rainmaker
3,070,784
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Only once in hundreds of transactions

Nov 18, 2016 09:43 PM
Ambassador
4,316,065
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Hella M. Rothwell, Broker/Realtor® - not in the first go for sure. We have to be competitive in this market.....

Nov 18, 2016 03:43 PM
Ambassador
4,511,654
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I haven't in a very long time!  

Nov 18, 2016 12:48 PM
Ambassador
2,604,703
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Recently on some banged-up rental properties.  Other than that, rarely.

Nov 18, 2016 12:24 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Not very often

Nov 18, 2016 11:35 AM
Rainmaker
1,424,950
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Zilch.  Very complex and most owners need their money to buy something new.

Nov 18, 2016 11:21 AM
Rainmaker
2,224,167
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

We still have this come up quite a bit and it's usually on a property that's difficult to get traditional financing on.

Nov 18, 2016 09:13 AM
Ambassador
3,986,960
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I haven't written an owner financing offer in several years.

Nov 18, 2016 08:38 AM
Ambassador
5,698,959
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I have bought and sold a few that way, but for most people it is a road with too many hazards.

Nov 18, 2016 08:15 AM
Ambassador
3,386,608
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

We haven't done owner financing in a very long time. Used to years ago - it was common back then.

Nov 18, 2016 07:54 AM
Rainmaker
2,807,184
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Hella - We did a few way way back, but it has been years since we've seen an owner financed deal around here.

Nov 18, 2016 04:41 AM
Ambassador
3,944,349
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I include a pre-qualified letter for reference for all PSAs

Nov 18, 2016 03:59 AM
Rainmaker
1,549,405
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Only if there is no loan on the property. It is not that difficult to do and has a lot of advantages for buyers with credit issues or traditional financing issues. 

Nov 18, 2016 03:34 AM
Rainmaker
1,759,389
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

ZERO. There isn't anyone that owns their house outright or has that much equity. I also never recommend a seller becoming the bank.

Nov 18, 2016 03:26 AM
Rainmaker
508,854
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

In my case, hardly. 

Nov 18, 2016 02:49 AM
Rainmaker
5,767,371
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Hella,

We have not seen that is ages.  A

Nov 18, 2016 02:11 AM
Ambassador
3,724,077
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

I haven't done one with owner financing in many years.  It's pretty rare around here.

Nov 18, 2016 12:51 AM
Rainmaker
3,887,216
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

This is easy... N E V E R!

Nov 18, 2016 12:32 AM
Rainmaker
5,579,193
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I haven't heard of any in my office doing that recently....that was decades ago.... I held a few second mortgages myself and collected on most of them.... lost on two.... and still have one with plenty of equity in the home and making 7%....

Nov 18, 2016 12:06 AM
Rainmaker
1,667,326
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

I haven't in many years

Nov 18, 2016 12:04 AM
Rainmaker
4,433,184
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

In almost 25 years I've never included owner financing in an offer and I doubt I'll do so unless rates jump to astronomical levels the way they did in the 1970's.

Nov 17, 2016 11:43 PM
Rainmaker
4,799,651
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

If I represent the buyer, I never ask for owner financing unless I have discussed with the listing agent/seller that it may be a possibility.

Nov 17, 2016 11:41 PM
Rainmaker
1,346,863
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I've personally done owner financing twice on my first two rentals I ever bought back in 1989-1995 era. I've never had a client want it. But, if I did, it would be an investor or a buyer with poor credit-but has cash, I'd imagine.

Nov 17, 2016 11:38 PM
Rainmaker
1,178,943
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

ONLY ONCE. IT DID NOT EVEN WORK BACK FIRED. BUYER WANTS ZERO INTEREST OVER 15 YEARS. 

Nov 17, 2016 11:36 PM
Rainmaker
6,966,338
Roy Kelley
Retired - Gaithersburg, MD

Not common in our area.

Nov 17, 2016 11:34 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have not done so in years.

Nov 17, 2016 11:14 PM