Posts with tag seller financing

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 »

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 »

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 »

If you want something done right, do it yourself. Even when it comes to lending a buyer the money to purchase your house. According to the National Association of Realtors, seller financing is on the rise. For frustrated sellers with plenty of equity in their homes, it could be one way to help move a stalled property off... Continue Reading »

Sellers once again might want to consider "owner financing" as a method to get that house sold -- and reap some tax breaks, too. Owner financing (also known as "seller financing," "taking back the note," or "an installment sale") is estimated to be used in 10 percent to 15 percent of today's home sales. The term describes... Continue Reading »