About Terms / Download / Contact Debbie
Debbie has been selling her own Upscale "Seller Financed" properties for the past 30 years. All the properties are sold on an 'Agreement for Sale' and carried for typically 3 to 5 years or longer. These are No Bank Qualifying terms with low down payments with low fixed interest rate. To benefit both the buyer and the seller there are no fees, no processing fees, no closing costs and no commissions for the sale of these properties. All properties are sold 'as is'.
A 1098 Mortgage Interest Statement is provided at year end.
Anytime while I'm carrying the mortgage you may refinance or sell the property without penalty, at which time the underlying financing will be paid off.
An Agreement For Sale (aka 'installment sale') is an agreement wherein the buyer makes payments on an arrangement similar to vehicle financing. The seller has legal title to the property as security for payment, while the buyer has 'equitable' title. When the buyer pays the full amount due under the contract, the seller delivers legal title to the buyer.
Here are the mechanics of the terms transaction:
Please call if you have any questions.
Contact Me (Debbie) today! 480-215-7776 email: [email protected]
Debbie has been selling her own Upscale "Seller Financed" properties for the past 30 years. All the properties are sold on an 'Agreement for Sale' and carried for typically 3 to 5 years or longer. These are No Bank Qualifying terms with low down payments with low fixed interest rate. To benefit both the buyer and the seller there are no fees, no processing fees, no closing costs and no commissions for the sale of these properties. All properties are sold 'as is'.
A 1098 Mortgage Interest Statement is provided at year end.
Anytime while I'm carrying the mortgage you may refinance or sell the property without penalty, at which time the underlying financing will be paid off.
An Agreement For Sale (aka 'installment sale') is an agreement wherein the buyer makes payments on an arrangement similar to vehicle financing. The seller has legal title to the property as security for payment, while the buyer has 'equitable' title. When the buyer pays the full amount due under the contract, the seller delivers legal title to the buyer.
Here are the mechanics of the terms transaction:
- Personally come to Arizona and look at the property. We do not sell to anyone that has not viewed the property.
- After reviewing the "Agreement For Sale' (available for download on this page) contact us and arrange to meet to complete paperwork.
- Take possession of the property by signing the "Agreement for Sale' and delivering a certified check consisting of the 'Down Payment and First Month's Payment' to Debbie R. Harper. No Qualifying in our terms means exactly that: When your funds are available to me, you take possession and move in. At that time we will give you the key and a list of utilities so you can set them up in your name, and you can enjoy the home. We will remove our names from any utilities currently 'on' at the property.
- Monthly payments can be made directly to our Wells Fargo Checking account on the due date each month.
- Each year end we will send you a Mortgage Interest Statement, (Form 1098) showing all amounts paid in the previous year.
- At the end of our Agreement term you have the following options:
- Pay the remaining balance on our agreement.
- Take our Agreement to a financial institution and refinance the property.
- Put the property up for sale and sell it. You do not need to refinance the property first. With your Buyer, You become the Seller in the transaction and We become the Lien Holder.
- If you would like to continue in the Agreement with us, we will extend the Agreement; However an additional substantial sum of money will need to be paid. That amount will come off the Balance Due, and a Time extension will be agreed upon.
Please call if you have any questions.
Contact Me (Debbie) today! 480-215-7776 email: [email protected]