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Can i make a real estate sale with zero interest?

Can I make a real estate sale with zero interest?
Asked By Joe | Naples, FL | 593 views | Selling | 1 year ago
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Semi-Pro
83 Answers
Marty & Abby Champagne

RE/MAX Market Place

(33)

Not sure I understand your question... The buyers pay interest on their loans. Did you mean commissions?
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Semi-Pro
47 Answers
Glenda X Bozett

RELI

(2)

only if you pay cash.
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Semi-Pro
44 Answers
Gloria Mitchell

Wilkinson Triad Realty

(52)

Yes, it is possible to make a real estate sale without any interest, although it may not be the most beneficial option for either the buyer or the seller. You might consider offering the buyer a discount on the purchase price if they are willing to pay the full amount up front in a lump sum.
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Semi-Pro
42 Answers
Brian DiMaggio

Atlanta Communities

(23)

A local realtor would be able to handle most of the sales process for you.
Lisa Rittenhouse

Keller Williams Advantage Realty

(30)

If you pay cash for the purchase
Raymond Cabral

MVP Realty Associates LLC

(23)

It is possible to make a real estate sale with zero interest, but it would require an agreement between the buyer and the seller. The buyer and the seller could agree to a no-interest or low-interest loan for the purchase, or the seller could choose to sell the property for a lower price in exchange for not charging interest. However, it is important to note that such arrangements may not be legally recognized or enforceable, and may also have tax implications for both parties. It is always recommended to consult a real estate professional or financial advisor for guidance on these types of transactions.
Pamela Merriman

616 Realty

Not sure I understand your question, but if you mean commission I would contact an agent in your area. I can refer you to a Naples agent.
Jennifer Lee

Campus to Coast Realty

(65)

It sounds to me that you are a seller. When you sell you do not have interest on the sale. You will have closing costs and expenses.
Duke Padilla

West USA Realty

(14)

Interest rates vary depending on the market and with a buyers credit score. A lender can determine the current interest rate for a buyer rather quickly. The only way to have 0 interest is to buy the house cash.
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Novice
1 Answer
Barbara Brodrick

KW Advisors

(4)

Not sure what the question is. But with a cash purchase that is the only way you will not pay interest since there is no loan if that is what you are referring to.
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Rising Star
13 Answers
Megan Kilmer

Revest Homes, Inc. - Dream Catch Properties

(20)

You can sell a property and carry the note having the buyer pay you zero-interest. If you are need to have a no interest loan on the property for religious reasons (or personal philosophy) there are loans that charge an up-front premium instead of interest and then the buyer only has a monthly principal payment.
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Novice
1 Answer
Brian Madsen

EXIT Real Estate Property Solutions

(146)

Only if you pay cash for the purchase !

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