Looking for a realtor specializing in seller financing, wrap around mortgages in Dallas area

Asked by Sal, Corona, CA Fri Aug 23, 2013

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John Hamidi, Agent, Frisco, TX
Tue Sep 17, 2013

Give me a call

I have a bank ia working with me

does in house Mortgage
it might help you out

John Hamidi
Keller William Realty
3600 preston rd Ste 100
Plano TX 75093
phone : 469-252-4661
website : http://www.johnhamidi.kwrealty.com

Mobile URL http://app.kw.com/KW171KAK
0 votes
Dixon Wong, Agent, Dallas, TX
Thu Aug 29, 2013
Hi Sal,

I have a seller will be willing to do a seller financing in the Lakewood area in Dallas.

Please let me know if you want some details on the listing. You can email me at dixondfw@gmail.com


0 votes
John Hamidi, Agent, Frisco, TX
Tue Aug 27, 2013
Dear Sal

what price range you are looking for ?

I know a builder does Seller financing
if you contact me I can hlep

· John Hamidi
· Keller Williams Realty
· 3600 preston Rd ste 100 Plano TX 75093
· http://www.johnhamidi.kwrealty.com
· Email: johnhamidi@gmail.com
Bus: 469-252-4661
0 votes
Renee Toton, Agent, McKinney, TX
Tue Aug 27, 2013
Good Morning Sal,

I agree that IF possible you should avoid wrap. The Dallas market right now is extremely HOT. A lot of well taken care of, well priced homes are selling within days or weeks here. I have tried twice to go the wrap and Lease to Own route for my personal home when the market was so slow here. Both times the renters didn't pay rent and left in the middle of the night. It is just a stressful situation for selling, when you don't nessarily have to right now.

If you still want to try wrap, definitely consult a real estate attorney for more information.

If you would like information on the speed in your neighborhood or value of your home, please email me the address for a free market analysis.

Good luck,
Renee Toton
Keller Williams Realty
0 votes
Karen Peyton, Agent, Chandler, AZ
Sun Aug 25, 2013
Before settling for a "wrap" (which places you in a very precarious position) you should "exhaust all possibilities" of being able to qualify for a new mortgage. Seller financing on a property that is free & clear should be your second preference. Avoid wraps if at all possible, even if it means waiting a while to purchase.
0 votes
Susie Kay, Agent, Dallas, TX
Sun Aug 25, 2013
I would suggest talking to a mortgage advisor and see how they can help you. Typically sellers want to sell their homes and get their money so they can move on, plus the sellers market is really hot now so you'll have a hard time finding a home with seller financing or seller financing with wrap around mortgages, which is risky to the seller. For info on buying or selling a home or even to check what properties are available on the market now check my website at http://www.dfwdreamhomes.net.

Let me know if you need a name or two of mortgage advisors.

Susie Kay, Realtor®
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240


Servicing your real estate need is my priority!
0 votes
Kenneth "Ken…, Agent, Dallas, TX
Fri Aug 23, 2013
I would not recommend seller financing at all, there are so many ways you can lose a house from the seller not doing a lot of things. However, it's your money, do as you wish.

0 votes
Steve Rodgers, Agent, Dallas, TX
Fri Aug 23, 2013
Good afternoon. The market is very good here in the Dallas area. I do not have exactly what you need in today's market. But, what i do have is a lender that will do 100% financing. I have worked many of these loans and they are generally less expensive to the buyer than the ones which you are searching. If you have any questions, please contact me.

Best regards,

Steve Rodgers
0 votes
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