SOLD:  How to attract more Orlando Florida home buyers with seller financing

Like honey draws bees, creative financing can draw home buyers in Orlando Florida to the doorstep of your home for sale. Many Orlando area home buyers are motivated to buy but need help meeting mortgage-qualification rules, especially today. You can help a prospective home buyer finance the purchase of your house (and speed your sale) in several creative ways. 

Seller holds first mortgage.

When selling a home in Orlando Florida, you can lend the home buyer the money, pocket the interest payments, and hold the mortgage on the property, as long as there is no current mortgage. The tax benefits are you may be able to pay income tax only on a percentage of the principal and interest that you get each year. You probably will want a 20% down payment (to discourage default on the loan), and you'll need an attorney to draw up a deed of trust and promissory note.

Seller holds second mortgage

You can help fill the gap between other sources of financing and the sales price of the house. The second mortgage is usually for a smaller amount than a first mortgage but is riskier since it could be wiped out by defaulting on the first mortgage. Real Estate financing can be tricky, so be sure to have your interests legally protected by your attorney.

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Other Properties for your consideration:

• 1714 Canoe Creek Falls Drive Orlando FL 32824
• 330 Garden Oak Court Apopka FL 32703
• 530 E Central Boulevard Orlando 32801
• 709 Westcliffe Drive Winter Garden FL 34787
• 5025 Shoreway Loop Orlando FL 32819

Interested in Oviedo Florida real estate?

Real estate in Oviedo, Florida, near Orlando, has been attracting many homebuyers, and it's also a popular relocation destination for businesses. It is one of the hottest real estate markets in Central Florida!

Oviedo boasts many lakefront communities with an abundance of homes on ski-lakes and fishing-lakes, as well as amazing neighborhoods featuring spectacular amenities such as community aquatic parks, tennis courts, equestrian facilities, walking trails, fitness centers and more!

Oviedo is located East of downtown Orlando in Seminole County, Florida. The city has a small town feel, yet it's close to everything Orlando has to offer.  It has a population of some 33,000 people, with a median age of about 35 years.

The city has great weather with no snow, though residents have to face the hot Florida summer!

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Relocating to Orlando, or buying a home in Central Florida?  Consider Tuscawilla!

Tuscawilla is a master planned community with more than 4,500 homes, located on the banks of Lake Jesup, in Seminole County, Florida, minutes from Downtown Orlando. Even though Tuscawilla is a small community, it lies next to a large urban area, between Oviedo and Winter Springs, Florida, just 8 miles northeast of Orlando.

Tuscawilla boasts beautiful wildlife areas, and has much to offer, including great fishing, boating, and waterskiing. There are plenty of soccer fields, basketball courts, parks with playgrounds, excellent schools, many luxury homes, and a full service country club with an amazing 18-hole golf course. 

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