Seller Financing Terms:

Buy Your Dream Home in St. Louis with Seller Financing!

Welcome to your opportunity to own a property in St. Louis, MO, and surrounding areas with flexible seller financing! Whether you're looking to occupy, fix and flip, or rent out a property, I offer a straightforward path to homeownership with no banks required. While I’m open to cash offers, my seller financing terms make it easy for buyers to achieve their real estate goals. Below are the key details of my financing terms and process.

Why Choose Seller Financing?

No Bank Hassles: Bypass traditional lending requirements.
Flexible Ownership: Purchase to live in, flip, or rent out.
No Pre-Payment Penalties: Pay off your property at any time without extra fees.
AS-IS Properties: Buy with confidence, knowing exactly what you’re getting.

My Seller Financing Terms

Contract for Deed: The deed remains in my company’s name until the property is paid in full, ensuring a secure transaction for both parties.
Underlying Financing: I reserve the right to maintain or obtain financing on the property at or below the amount financed to the buyer.
Loan Term: Standard 30-year term for affordable monthly payments.
Interest Rate: Competitive rates of 10-12% based on the agreement.
No Balloon Payments: All loans are free of balloon payments, and I do not accept offers with balloons.
Non-Refundable Payments: All down payments, monthly payments, and principal-only payments are non-refundable.
Convenient Closings: Closings occur at my office or online via secure e-signature software.
Monthly Payment Breakdown:
- Principal
- Interest
- Property taxes
- Insurance
- Sewer fees
- Trash fees (if outside city limits)
Insurance Details:
- A $10,000 deductible policy covers the building only (no contents).
- My team handles all insurance claims, with funds used solely to restore the property to livable condition.
- Buyers must maintain a separate renters or contents-only insurance policy.
Adjustable Payments: Taxes, insurance, sewer, and trash fees may adjust annually to reflect changes in costs.
Buyer Responsibilities: Buyers handle all interior and exterior maintenance, capital expenditures, and ensure the property meets local codes.
Property Options: Properties are sold AS-IS for occupancy, flipping, or renting. Some may already have passed occupancy inspections.
Not a Landlord: I am not a landlord. Buyers are responsible for timely payments. A 10% late fee (based on the monthly payment amount) applies after a 5-day grace period.
Flexible Exit Options: Buyers can pay off, refinance, or sell the property at any time. Upon full payment, the deed and any excess funds will be transferred promptly.
No Sub-2 Deals: I do not sell properties subject-to (Sub-2). Please do not inquire.
Inspections: Buyers may inspect properties at any time at their own expense. Inspections require an appointment or accompaniment by an agent if the property is listed. For third-party inspections, arrangements can be made in advance with the seller or seller’s representative.
Earnest Money: No earnest money is required or due prior to closing.
First Come, First Serve: Properties are sold on a first-come, first-serve basis. I will not hold properties for any buyer. A property is considered sold when the buyer provides the down payment and signs the agreements

No credit checks, income verification, or background checks are required.

Why Buy with Us?

Local Expertise: Specializing in St. Louis and surrounding areas.
Transparent Process: Clear terms and no hidden fees.
AS-IS Flexibility: Perfect for investors, first-time buyers, or those looking to rent out properties.

Ready to Get Started?

Contact me today to explore available properties and take the first step toward owning your home or investment property in St. Louis! Whether you’re paying cash or using my seller financing, I’m here to help you achieve your real estate dreams.