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For example, the program will ask the following question: Is the seller willing and able to carry all the First loan? along with the following cautionary message: CHECK "YES", IF YOU WANT TO ASK THE SELLER TO CARRY THE PRIMARY FINANCING AND WANT THIS WRITTEN INTO THE CONTRACT.

In a Buyer's market, you can make all sorts of outrageous demands and Sellers will either accept, or counter-offer.

But in a Seller's market, Sellers don't have to bother woith counter-offers.

OTHERWISE, CHECK "NO".

If it's a Buyers' market, the program will automatically the following clause, calling for the Seller to carry the First loan with no payments: "Seller to carry back a note, secured by a First deed of trust (Mortgage) in the amount of $______________, all due and payable in one lump sum, including simple interest of ___% per annum, in __________________ (Days, Weeks, Months, Years)" If it's a Seller's market, the program will automatically insert the following clause instead: "Seller to carry back a note, secured by a First deed of trust (Mortgage) in the amount of $___________, with simple interest of _______% per annum and interest-only payments of $_______________ per month, all due and payable in ______________ (Days, Weeks, Months, Years) This is because you don't operate the same way in a Seller's Market, as you do in a Buyer's market.

If not, there will be plenty of other properties and plenty of other Sellers who wiill be easier to deal with.

They just sell the property to someone else, who is offering a better price and/or better ter....

You start by answering a few simple questions and then by process of elimination, the program decides the best clauses to put in your offer to make it workin your favor.

If you do check "Yes" , then the program will assume that this is your preferred method of financing and will not bother you with any questions about alternative methods of financing, such as assuming an existing loan, unless you answer "No" to this question.