A Guide On How to Purchase a Professional Owner Financed Property
This is a true fact that there is no secret way to find a beautiful home that the seller is offering financing options. Everybody knows about some of the websites that specifically only list properties that are being sold with the seller financing available. But what about the other 99% of homes that are not listed with those websites? O wner financed property can help you to find the best property according to you r requirements. There are a couple of important factors that can help you to decide whether or not the seller s will want to carry some sort of note on the house. The first and foremost important factor is the seller’s financial background. If they have heavily leveraged and don’t have a lot of equity in their property, then seller financing would not probably on their part. If they need the cash quick, whether it is for a exchange, a new boat or car or to help bail them out of a sticky situation, they probably won’t be interested in carrying a special note.