Jan 9th 2013 4:15PM
Mortgages resembling the kind of subprime loans that were blamed for the foreclosure crisis are creeping back into the market, leaving some experts and regulators alarmed. The loans give a relatively new twist to seller financing, putting homeownership within reach of borrowers who can't qualify for a conventional... Continue Reading »
May 30th 2012 5:15PM
By Neal Frankle As you probably already know, it can be almost impossible to obtain a bank mortgage with bad credit. If you otherwise can't get a loan because you have a troubled credit history, one alternative to a traditional bank mortgage is to obtain one from the seller. Seller financing has its benefits, as well as... Continue Reading »
Sep 27th 2011 1:00PM
Beautiful homes at rock bottom prices are a dime a dozen in today's real estate market. The only problem is you can't get a bank to lend you the dime to buy them. Continue Reading »
Aug 31st 2011 2:59PM
A man is selling his long-time Los Angeles home for $899,000 -- with a catch. He wants to be able to live in his bedroom off the kitchen with his wife, rent-free, for the rest of his life. Timothy Bopp is in his late sixties; his wife is in her eighties. Bopp has lived in this 3,396-square-foot home his entire life and... Continue Reading »
Aug 17th 2011 5:00PM
Do you want to sell your house but have figured out that buyers are as scarce as snowflakes in the Arizona desert? If you've owned your home for a long while and have equity in it, your best bet might be to offer seller financing. Seller financing essentially means that you will act as the bank when the bank won't. It's... Continue Reading »
