Do you have a buyer who needs seller financing?

We work with outside real estate agents

 

If your client can’t qualify for traditional financing help them buy with our “U-Pick Seller Financing Program”

  • Problem:  only 2% of homes listed in the MLS offer seller financing
  • Solution:  Our U-pick Seller Financing program
    • Allows your client to purchase one of the other 98% of homes, plus non-MLS homes
    • Real estate agents can help buyers who need seller financing purchase almost any home for sale including any MLS property, bank owned, short sale, new build, wholesale*

 

U-Pick

 

  • Your client can buy ANY home in the MLS ~ Our company will purchase that home for the best price possible and sell to your client with seller financing
  • Any credit ok
  • Two Qualifying criteria:
    • Your Buyer Client needs at least 10% down payment
    • Your Buyer Client just needs prove they can afford the payment

View program details  

View down payment and interest rate table  

View Commission Agreement

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Process

  • Register your client
  • Client completes the pre-qualification process
  • Client agrees to terms of U-pick Seller Financing program
  • You, the real estate agent,  take client to locate the property they want to purchase
  • You contact us to discuss property and terms of offer
  • Client provides the earnest deposit to our trust account
  • We submit the offer to the seller
  • Once under contract, you help client with inspections
  • We will work with title company to open escrow and work through  COE
  • You do final walk-through with Client
  • You deliver keys to Client

Commission Agreement

Our compensation is 1% of the purchase price.

You get the balance of buyer commissions paid directly from title at closing via a referral fee.

 

Double your income in 2019 and beyond

Think of Arizona Seller Financing as another lender you can use for your clients 

 

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Fill out my online form.

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Frequently Asked Questions

 

How does my client get started?

Answer:
  1. You register your client (in the form above).
  2. Have your client complete our online application.
  3. When we receive the application, we will contact both you and the client to discuss next steps.

What If I can’t get my client to understand or agree to your financing?

Answer:
  • Contact us and we will conduct a conference call with you and your client to explain the program and answer all questions.

Why not just use a hard money / private money loan?

Answer:
  1. If your client will need our financing longer than 18-24 months our cost of borrowing is less expensive than hard money.
  2. Most hard money lenders do not lend to owner-occupants due to Dodd-Frank ability to repay verification requirements.
  3. Most hard money lenders offer very short terms - 6 to 12 months. Our terms are typically a 30-year amortized loan with a seven-year term.

My broker does not allow me to do seller financing transactions. Yes, you can still use this program if your brokerage doesn’t allow seller financing!

Answer:
  1. Over the years we have found many real estate brokerages do not allow their agents to close seller financing transactions due to the increased regulation and liability.
  2. With our U-pick program we close the transaction in our brokerage name and pay your brokerage A referral fee. Therefore, your brokerage isn’t involved at all in the seller financing transaction. They are just receiving a referral fee for our purchase of an investment property.

How do I know you won’t steal my client?

Answer:
  1. We are about more than one deal – we want your repeat business.
  2. We will sign a referral agreement with you / your brokerage to protect your interests.

Why do you charge 1% of the commissions?

Answer:
  • We close the transaction in our brokerage name. We are the buyer or are supplying the investor who will be the actual buyer. This commission is part of how we get compensated for being able to provide this program. In the past we have offered this program to outside real estate agents on a 50/50 commission split basis. We have reduced our portion to 1% so you can keep more of the commission.

Why should I give up 1% of my commissions?

Answer:
  1. We are bringing in the actual buyer, either our company or an investor, that will complete the purchase of the property.
  2. If your client cannot qualify for any other type financing helping them buy with our program allows you to help them get into a property and keep them as a client.

When do I get my commissions?

Answer:
  • You get paid directly from title when our purchase of the property closes. You don’t have to wait for our brokerage to send a check to your brokerage and you don’t have to wait until we sell to your client via seller financing. You get paid as soon as we purchase the property.