Owner financing is a way to buy a house with little or no money down, no long bank applications and little or sometimes no credit. How can this be you ask?
Owner financing, also known as seller financing, is a way for someone to buy a house even if they are self employed, new on the job, have a bankruptcy, divorce, etc. Here's how it works.
A person or company wants to sell a house they own in a slow real estate market where buyers are limited but they want to make the house available to the maximum amount of potential buyers. Even those with low or no down payments and less than perfect credit.
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What is Owner Financing and How Can it Benefit Me?
