Financing to Sell
Would-be buyers confronted by increasingly stringent borrowing standards imposed by banks and other lending institutions are looking to seller financing as a means of buying a home. This strategy makes a great deal of sense for home sellers who can afford it. Not only does seller financing help ensure a sale, but it also provides a stream of future income. Of course, sellers must be assured that the sellers they intend to take on as borrowers are a good risk. With this in mind, sellers considering this option should avail themselves of the financial and legal advice of professionals before proceeding with seller financing. It also helps greatly to get a significant down payment.
Posted at 09:03AM Jul 27, 2011 by Davis Real Estate Inc. in General | Comments[0]
