Sunwest Escrow, INC.

If you have ever purchased or sold a home, you understand that the paperwork can be dauting. But before you sign the dotted line it is important to know what you’re getting yourself into. Sunwest Escrow specialises in escrow services in New Mexico. We guide buyers and sellers every day, along the home buying and selling process and make sure they have a good understanding of every step. If you’re searching for real estate contract Albuquerque let Sunwest Escrow help guide you in the right direction. Read the below tips before signing a real estate contract to help you better understand the process. •    You can tailor the terms to meet your needs. You should not sign anything that you are uncertain or have concerns about. •    Know the property value and read the property report. Know what you are buying and how much the home is worth. •    Make sure all the terms agreed upon are in writing. Adding it to the contract makes it part of the...

Owner Installment Sales Owner financing or seller financing is just what it sounds like. Instead of the home owner receiving a major loan from a bank, the individual selling the home lends the buyer funds for the purchase of the property. In this type of transaction, the seller plays the role of the bank and is the financer. If you’re searching owner financing Albuquerque and looking for additional information, contact Sunset Escrow today. The Pros and Cons for Buyers  There are some pros and cons when considering owner financing. The potential buyer can reap some advantages to the buyer who engages in an installment sale transaction. The cons that are seen are often the elevated purchase price and higher interest rates. However, new conventional lenders offer fixed interest rate loans today. Advantages of owner financing for the buyer include: Easy Qualification Credit Rating No Loan Costs Fast Closing Benefits to the Seller On many occasions, w...