Today we’ll cover why owner financing can be a game-changer when it comes to selling your home. First off, it opens up the pool of potential buyers, meaning you can attract a larger group of people who may not qualify for traditional financing. And with more potential buyers, you have a better chance of selling your home at a (much) higher price.

But the advantages don’t stop there. By using owner financing, you’ll receive passive income in the form of monthly payments instead of a lump sum payment upfront. This can be especially useful for those looking for additional income or for those who want to spread out their tax liability over time.

And speaking of taxes, owner financing can also help you take advantage of capital gain tax benefits. By spreading out the tax expense over the length of the agreement, you can potentially reduce your tax liability and put more money back in your pocket.

Another benefit of owner financing is the increased control you have over the sales process. You negotiate the terms of the agreement directly with the buyer and have the flexibility to make changes as needed. Plus, without the need to go through a bank or other lender, the sale will close quicker and easier.

Finally (and most importantly), selling with owner financing can help you avoid headaches and expenses associated with traditional sales, such as real estate agent commissions, closing costs, and underwriting requirements. By selling the property yourself, you will save tens of thousands of dollars and have a smoother sales experience.