Buying an older mobile home can often feel like navigating a maze with hidden turns and unexpected dead ends, especially when it comes to financing. Why do traditional lenders often step back from these deals, and what alternatives do prospective… Read More »Options for Financing an Older Mobile Home
In the world of real estate, seller financing is a unique strategy for sellers. Commonly known as owner financing, a seller carryback, or a purchase-money mortgage, this strategy offers a plethora of advantages, especially for sellers looking for passive income… Read More »What are the benefits of seller financing?
Are house buying companies legitimate? Explore the reality of quick home sales, cash offers, and their role in today’s real estate market. Learn more!
Selling a house “subject to” means transferring ownership of the house, but not the loan. This works by transferring title to the buyer and then having the buyer make payments on the seller’s existing mortgage. Thus, the sale is “subject… Read More »All About Subject To
Seller financing (also known as owner financing or a seller carry-back) is when the seller acts as a bank, extending credit for the purpose of making a profit. Usually, the seller has already paid off their mortgage and owns the… Read More »All About Seller Financing