Mortgages - Working With Lenders
Remember you will save money, often 1000's of Euros or Dollars by advertising your property for sale direct and eliminating large Real Estate agents commissions. To make your house more attractive to your potential buyers, consider working closely with a mortgage company to offer some helpful advice to the viewers
Invest in a mortgage property valuation in advance. This will give you the opportunity to discuss the real finance possibilities with any potential buyers during the viewing. The money you save in estate agent commission will repay this investment tenfold.
You could make an arrangement with a mortgage lender to refer your buyers and obtain a small introductory fee. Consider that many buyers investing in property in a foreign country may not feel comfortable with the huge choice of potential mortgage lenders available to them, and you’re well researched suggestion may be very helpful.
Ask your current mortgage lender for a statement of account and the costs of transferring the mortgage to the new owner if required. This information may be another useful close if your buyer is considering another property as well as your own.
Where available consider the possibilities of Seller Financing. Although not generally commonplace, up to 10% of all new home sales in the U.S.A. are now seller financed. Adding the phrase 'Seller financing available' could considerably increase you potential viewers