#SellerFinancing is a loan provided by the #seller to the #buyer. Unlike traditional #financing, no appraisal is needed and can close within seven days. At closing, the buyer will give a down payment. A loan will be created for the remaining amount based on negotiated loan terms. The buyer will then make monthly payments to the seller until the loan is paid in full. The title changes hands, and a first lien is created in the seller’s name. This creates #cashflow for the seller and an easy way for the buyer to get financing.
Looking for seller financing properties, call 512-345-1919.
Published on 2022-10-04 18:45:21
