Posted by Jasonrei on August 10, 2003 at 19:34:38:
As far as I know selling on a note is not something you want to do. Sales can be faster, but note buyers will typically only go 70-80% LTV and desired yields will be 9-20+%.
I had a house that wasn’t moving and I considered using a note, but my net was too low. I accepted a much lower price for it on a conventional sale, and my net was still higher.