Posted on: 10th Jul, 2012 01:08 am
I was offered the option of owner financing when I intended on buying a home but had a bad credit. What is it all about?? Please, anyone, explain…
Hi Calvin,
Owner financing, also known as seller is financing, is a process wherein the seller helps the buyer to purchase the house by offering all or part of the home purchase price with or without a home loan on the property.
Thanks,
Jerry
Owner financing, also known as seller is financing, is a process wherein the seller helps the buyer to purchase the house by offering all or part of the home purchase price with or without a home loan on the property.
Thanks,
Jerry
Hello Calvin,
Owner financing is not for everyone in every situation, but I would encourage to you at least entertain the idea. Especially if you have had your house listed and it did not sell, or if you are contemplating lowering your price in order to move the property.
:idea:
Owner financing is not for everyone in every situation, but I would encourage to you at least entertain the idea. Especially if you have had your house listed and it did not sell, or if you are contemplating lowering your price in order to move the property.
:idea:
Welcome Calvin,
To know all about owner financing, check out the given page: http://www.mortgagefit.com/owner-financing.html
To know all about owner financing, check out the given page: http://www.mortgagefit.com/owner-financing.html