A third party servicing company, similar to Wells Fargo or Bank of America, will be in charge of all of the owner financed loan servicing activities. The purpose of this company is to protect both the interests of the seller and the buyer. This company will collect mortgage payments and pay any underlying leins and [...]
Are there prepayment penalties with owner financing homes?
There are no prepayment penalties with our owner financing homes! Absolutely none! What does this means? Well, you could find some owner financing homes where if you bought one this week, turned around and got a loan next week from a bank, and there would be penalty fees involved. It is always good to look [...]
What is the difference between owner financing and rent to own or lease to own.
In a rent to own or a lease to own (sometimes called a lease option), the name really explains itself. A landlord will rent you a home until you can own it or they will give you a lease to rent with an option to buy the home. What this means is with a [...]
10 ways to increase the value of your new owner financed home without breaking the bank
Raising the value of your new owner financed home doesn’t have to expensive. After you’ve moved into your new owner financed home, it’s great to have the ability to increase the value immediately. Here are 10 very practical ideas that you can do with out a fortune. 1. Many owner financed home owners make the [...]
Are These Seller Financed Homes Foreclosures?
This article talks about the types of seller financed homes available through Brick Home Partners.
About Owner Financing (click to read more)
Making the process of Owning a Home SIMPLE Here’s your chance to make your dream of owning a home come true! By eliminating the need for banks and lending institutions, we have made it possible for many to fulfill their dream of becoming a homeowner. If you can afford a reasonable down payment and monthly [...]
