BEST ANSWER
If you the owner, are able to offer Seller Financing, and a buyer is willing to meet your financing terms, it could be a match made in heaven!
The keys to your success will be finding a qualified buyer who may not fit into traditional banking guidelines however who has a signifigant down payment and is willing to agree to your terms.
What I can tell you is Jumbo Money has been in the deep freeze for awhile, it is just now beginning to flow again. The terms you offer must be better than what a prospective buyer can secure from a traditional lender.
First off call around or have your Realtor of choice find out what funds are available from local lenders for homes loans up to $1.8 Million. For example,earlier this year, Bank of America was the first to open up financing for Doctors up to one million with only a five pecent initial investment.(see post below) Just make sure what you are offering is better and you should be able to sell your home.
Good Luck! If you need a Top Producing Realtor in your area, who will get your home sold. Call me 703-851-3085
Wed Jul 1 2009, 04:22