Real Deal #138 – Partial on Oregon Home

Welcome to Real Deals!  It’s always easier to learn from real life so here we share information from actual owner financed transactions.  A husband and wife decided to sell a rental home to their tenant using seller financing. … [Read more...]

Who’s on First?

Understanding the players in an owner financed transaction makes for profitable relationships. Here we explore the four primary team members along with common industry terminology.   … [Read more...]

5 Reasons Sellers Offer Owner Financing

Why would a seller allow a buyer to make payments over time for the purchase of property?  Here are five reasons sellers consider financing property rather than requiring the buyer to obtain a bank loan: … [Read more...]

The Fair Credit Act

One question that is continually posed in this business is whether a cash flow investor has the legal right to access a person's credit file prior to purchasing a debt instrument.  The rights of consumers are protected under The Federal Fair Credit Reporting Act ("Act"). Originally passed by Congress in 1970 and substantially overhauled in 1997, the Act regulates acceptable practices with respect to credit information, which is gathered and sold by Consumer Reporting Agencies. The Act is … [Read more...]

What is Seller Financing?

When a seller allows a buyer to make payments over time for the purchase of property, it is known as owner financing or seller financing. … [Read more...]

Owner Financing? The Top 5 Things to Consider

When sellers provide owner financing, their primary concern is usually, “How do I make sure the buyer will pay me?” … [Read more...]

What is “Outside Servicing” For Owner Financing?

You may have heard the term “outside servicing” and not really thought of what it is or how it may be helpful when owner financing. … [Read more...]