We bring experience to the PRIVATE buying PROCESS.

We have invested a lifetime in buying and selling real estate.  Our core family business has revolved around the residential construction industry and as such, served as a solid foundation for buying, improving and maintaining these unique homes, buildings and properties.  Historically, the relationship between buyer and seller has been adversarial, but we have changed that in our negotiated deals and are committed to crafting and developing win-win scenarios and long-term relationships. 

ABOUT US

•    In a tight credit market, a Buyer can obtain financing otherwise unavailable through traditional lending.     

•    The buyer can enjoy substantial savings in closing costs.

•    Tailored Financing- Down payments, Interest rates, repayment schedules, and other conditions of the loan can be negotiated.

•    The borrower does not have to qualify with a loan underwriter.

•    There are no PMI Insurance premiums unless negotiated.

•    Reduced closing timeframe.

Seller financing is a loan provided by the seller of a property to the purchaser. The purchaser will make a down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate until the loan is fully repaid. In layman's terms, this is when the seller in a transaction offers the buyer a loan rather than the buyer obtaining one from a bank.

Our loans require a down payment, and are typically amortized at a 30 year rate, with a balloon payment due in five to ten years.  Both the Seller and the Buyer are represented by attorneys and all legally binding documents including a contract for the sale of the property, the promissory note, and any other necessary paperwork are prepared by attorneys as well.

Please contact us with any and all questions.

Seller Financing 101

Seller Financing ADVANTAGES

Ocean Suffolk Properties, LLC.