No Picture
Homes For Sale Near Me

Owner Financing – A Win-Win Situation For Both Parties

With the current economical scenario, the road to raising finance is surely a bumpy one. Not to mention the U-turns and diversions. This has made it difficult for both home owners, to sell their property, and real estate agents, to buy properties. This problem has been neatly addressed by ‘owner financing’.
Owner Financing – A brief a look
This is for the sake of newbies who are contemplating to venture into the real estate market.
Owner financing is when a seller provides financing for a buyer. This surely does sound like the ‘have your cake and eat it too’ for the buyer eh? Before we go into benefits, let’s look at an example to clear up the cloud of confusion.
Mary Daisy Dinkle wants to sell her house for $100,000. Since the economical situation was bad, she had to wait for a long time before a buyer, Max Horovitz, approached …