If I make an offer on a property for the seller to finance me but i make the offer through a broker. How does the broker get paid?
I told this broker I can’t qualify for a bank loan at this point plus the property is only 50% full.
He still thinks I should make an offer on the park anyway!
I’m thinking he will collect from you or seller at closing unless he is open to payments.
Best option may be to present question to the broker and see if they offer an acceptable option, if not, then ask for payment options or possibly deferring commission.
Hope it works out
If your downpayment is enough to cover the commission that the seller and the agent agreed upon, you won’t have any issues from the agent.