What's old is new again and the credit crisis, struggling economy, and real estate market are making seller financing the come back kid. Offering to owner finance a property can attract buyers and even save transactions as banks increasingly stamp "DECLINED" on mortgage applications. Before you agree to "Be the Bank" carefully consider the downside to providing creative financing. … [Read more...]
Archives for July 2009
Owner Financing – 10 Advantages to Using the Seller Carry Back
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The word is out and seller financing is on the rise as buyers and sellers look for creative ways to finance property in the struggling market. So what's all the hype? Here are ten advantages to using the seller carry back to buy or sell real estate. … [Read more...]
Rural Areas Depend On Owner Financing – Real Deal #155
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Welcome to Real Deals! It's always easier to learn from real life so here we share information from actual owner financed transactions. All across America rural communities turn to the seller carry-back to provide financing for areas that large-scale mortgage lenders have historically bypassed for larger metropolitan areas. … [Read more...]
UPDATE on HR 1728: How Congress Wants to Change Seller Financing
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There is growing and legitimate concern over how Bill HR 1728 would severely restrict seller financing. Be sure to read this informative update. … [Read more...]
