Friday, September 18, 2020 / by Chris Matlashewski
Agreement for Sale What is it?
Why would you do an Agreement for Sale, and what are the advantages?
• Take over : 1) Mortgage Payment 2) Taxes 3) Utilities
• When to Use: A) No mortgage B) Mortgage in Play C) Seller may be in pre-foreclosure D) Seller needs to sell quickly • Benefits i) Low Down Payment ii) No Mortgage Qualifying iii) Multiple Exit Strategies iv) Improve Value of the property
• Take over : 1) Mortgage Payment 2) Taxes 3) Utilities
• When to Use: A) No mortgage B) Mortgage in Play C) Seller may be in pre-foreclosure D) Seller needs to sell quickly • Benefits i) Low Down Payment ii) No Mortgage Qualifying iii) Multiple Exit Strategies iv) Improve Value of the property
