According to this article by CNN Money, nearly ½ of all home purchases in the 1st quarter of 2014 were all-cash deals! Read below to learn how you can “cash” in on this trend.....
We have lenders/investors that will provide delayed financing immediately after a home purchase. This allows your buyer-clients to pull out cash up to 85% of the home’s value immediately after closing. No longer is there a 6-month to 1-year waiting period!
Example: This means your buyers can purchase a $400,000 home with cash in order to get their offers accepted. Then they can turn right around and access $340,000 to refund their accounts or use on another home purchase.
HOW YOU CAN USE THIS:
- Share this incredible delayed financing product with your investor clients!
- Tell your cash buyers they can now replenish any funds they borrowed from a 401k, or other retirement account
- Inform your cash buyers they can purchase more rental properties (they can now access the purchase money through delayed financing, allowing them to allocate those funds to purchase another property)
- Go get more business!!
Contact us with any questions related to delayed financing, or any other home loan details...we’re here to help!!