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"Don't Sell Your Property Without It" by Alexis29: 1:49pm On Nov 15, 2018 |
In this article, you are going to learn to stop being cheated, by selling your property yourself. You are going to learn revealing insights that most home sellers don't know about. Finally, you will learn about a revolutionary platform where real estate business can be carried out with ease. The prospect of selling a home can be positively daunting for most people out there. There are several things to do just to get the home ready for the market. Apart from the traditional clean-up, painting, fix-up chores that invariably end up costing more than you planned, there are usually the overriding concerns on how much the market will bear and how much you will eventually end up selling it for. The question is - will you get your asking price, or you will have to drop your price to seal the deal? Your home is a major investment, after all, so when it comes to selling it you would want to get the highest possible return. Yet despite the fact that everyone desire to get the top dollar for their property, most people don’t know how to go about getting it. Some savvy sellers, however, have long discovered a little financial technique that has helped them to get the highest price for their property. Using the powerful technique revealed in this article, they have even sold their properties for more than they were worth in some rare occasions. While that might be the exception other than the rule, you can certainly use the technique to get the best price possible when selling your property. The technique I’m talking about is called the seller carry-back, or take-back financing. It has proven to be a surefire technique for closing deals in real estate business. Though a lot of people do not think about it when it comes to selling a property, they really should consider using it. Statistics from the Federal Reserve has it that there are currently over 100 Billion dollars of seller carry-back (seller take-back) loans in existence. You agree with me that that is a lot of money, by any standard. But most importantly, it is also a very clear indication that a lot of people are beginning to use seller take-back financing techniques because it provides many financial benefits to both sellers and buyers. Basically, seller take-back financing is quite a simple concept. A seller-take back loan is created when a property is sold and the seller acts as a lender by assisting in financing all or part of the total transaction. In effect, what the seller is actually doing is lending the buyer a certain amount of money toward the purchase price, while the conventional mortgage company usually funds the balance of the purchase price. A seller take-back loan is usually secured with the property. The loan normally becomes the primary mortgage and is fully secured by the property. In most seller take-back financing transactions, the buyer repays the seller with interest according to mutually agreed terms over a period of time. The terms usually call for the buyer to send the payments, including the principal and interest, on a monthly basis. One advantage of this is that it creates a steady monthly cash flow for the note holder. And if the note holder wants to cash out, he can always sell the note for a huge sum cash payment. No matter the market conditions, seller take-back financing makes sound financial sense. It offers both the buyer and the seller with flexible financing options, one can easily sell a property at a higher price and it shortens the sales cycle. Another added advantage is that it is an excellent investment that generates a steady cash flow and high return. If you are planning to sell a property, you should consider the many benefits of seller take-back financing. Real estate business will continue to grow globally because it is considered one of the safest and best options for investing. It is considered the safest and best option for investing because it offers security to investors, a hedge against inflation, a physical asset that is excellent for portfolio diversification, a non-volatile business and essentially risk-free over a long period of time. However, real estate investment also comes with its own sets of drawbacks. The major drawbacks are the problems of illiquidity and the high barrier to entry. The revolutionary blockchain technology, through its decentralization and impenetrable cryptography, has a huge potential to transform various areas of real estate investments. I will not go into the details of all of that, my focus here is on Dominium, the world’s first global property platform on the blockchain. Dominium is a real estate platform based on blockchain technology. It is an international platform on which regulatory documentation for property funding is standardized, and assets are placed on the blockchain alongside property sales, rentals, and management. This is a platform that decentralizes the trade of assets and places rental agreements, purchase agreements, property management tasks and more on the blockchain making real estate investment to be done easily and eliminating the challenges in the real estate market. By placing property finance, listings and property management on the blockchain and by providing a multi-lingual platform with standardized regulatory compliant documentation, the real estate market is opened to multiple nationalities, affordability levels, and listing agents. Real estate finance, management, and trade are thus facilitated and simplified – that’s the beauty of Dominium. Opportunity is open for you and me to be the early adopters by participating in their ITO which is currently ongoing and will run for the next 46 days. You can buy their tokens for €0.1 in the ITO. This is a token with huge potential, so you shouldn’t afford to miss out. To learn more about the project and to participate in the ITO, visit their website (https://dominium.me/en) and download the whitepaper. Bitcointalk username: Alexis29, Telegram username: @Alexis29 |
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