Posted on: 06th Jul, 2010 06:55 pm
I want to sell my mobilehome using a owner contract. What should I charge for interst? They are going to put 1/3 down and pay off the rest in one year.
Thanks Laura
Thanks Laura
Hi elfree!
Welcome to forums!
You can charge the presently available interest rates in the market to the buyers. The 15 year fixed rate mortgages are available at an interest rate of 4.09%. You can offer the same to the buyer. Both of you can then negotiate and fix the interest rate.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can charge the presently available interest rates in the market to the buyers. The 15 year fixed rate mortgages are available at an interest rate of 4.09%. You can offer the same to the buyer. Both of you can then negotiate and fix the interest rate.
Feel free to ask if you've further queries.
Sussane