Found 1 blog entry tagged as seller financing.

Offering Seller Financing as a Seller Can Improve The Chances of a Sale

Seller Financing in Real Estate

Commonly, buyers who cannot or do not want to pay for a new home or condo with cash take out a mortgage through a bank or other financial institution. Banks and financial institutions have strict underwriting standards and borrower requirements.

The process can often time-consuming, costly and riddled with stress. While this is the typical way to finance a real estate purchase, it is not the only option available. One alternative that we see more of in a buyer's market is seller financing. 

What Is Seller Financing? 

When a seller finances the transaction, he or she becomes the lender. The promissory note, put together by the title company during escrow, is between…

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