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Want To Buy A Home? What Are Your Options?

If you wish to buy a home but don’t have the credit and cannot afford the down payment, then owner financing is an option you may look out for. Owner financing or seller financing (owner finance) is a process by which the seller offers a part or whole of the home purchase price with or without a mortgage on the property. In this article on owner financing, the following aspects are highlighted.

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Do You Have Access To Your Own Financing?

Consider buying a short sale.  A short sale means the seller’s lender is accepting a discounted payoff to release an existing mortgage.

Buyers pursue short sales to get a good deal. So when you see a price listed for a home that you think is too low for the neighborhood, before you jump on that price like hot fudge on a sundae

Buy a short sale with conventional financing or cash.

If you would like to be updated on our newest homes as they become available please let us know what you are looking for in your next home by filling out the form below.

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For more information on buying an owner financed home visit brick home partners

To have us help you find your next home visit here!