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First Featured

What is Seller Financing?

By Louis Conde

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. This private financing by the seller can take the place of a bank loan or be in addition to a conventional mortgage. The payment amount, interest rate, and other terms are agreed upon between the buyer and seller. The amount financed by the seller will Continue Reading about What is Seller Financing?

Filed Under: First Featured, Seller Financing Tips Tagged With: owner financing, private mortgage note, sell mortgage notes, seller carry back, seller financing, West Virginia Note Buyer

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