Seller Financing
For those of you who have never herd or have not fully understood what seller financing is, I’ve written a brief explanation below.
Owner Financing (Seller Financing) – A method in which a buyer borrows from and makes payments to the seller instead of a bank. Sometimes you take over the seller’s payments. Can be done when a buyer cannot qualify for a bank loan for the full amount. Also referred to as Seller’s Financing.
This is a great method to acquire property with other peoples money, and quite often for zero down.
Hans Anderson
Vancouver Homes and Condos – Know What to Purchase Releasing Your Brakes
