In today’s economy many buyers are having a very difficult obtaining financing for homes from the banks. Banks are being very cautious and they are just not lending if you have any credit issues or do not fit the profile of an owner-occupied buyer with a regular job that you have been in for a long [...] Read more
Tag Archives: Seller financing
Seller Financing Mortgages for Buyers and Sellers of Homes for Sale
Seller Financing is moving properties quickly and at top dollar. The cost of obtaining financing from the banks is over $4,000 for just a $120,000 mortgage loan. It is driving buyers away. Self-employed buyers are not getting loans at all. Forget getting a loan for land or a second home. They are just about not [...] Read more
