Ways to Use Seller Financing the Right Way

We are here to share some insights and details about how seller financing works, the risks involved, and the ways that it can work for you!

The main benefit to seller financing is that the agreement is almost entirely up to the parties – the seller and buyer. Banks and credit unions aren’t involved in the decision making or the planning. Here are 3 specific break downs for seller financing, and how it works:

Seller Financing: Creative Real Estate Agreements

Seller financing is when the seller agrees to finance the deal for the buyer. This is different than a rent to own agreement. Unlike the rent to own agreement, seller financing deals involve specific long-term plans, but has almost complete freedom in the requirements. The seller acts as the bank, requiring a monthly payment for the property. However, the buyer technically owns the property, once the agreement is signed. There are a variety of perks with this type of deal. Here are a few:

1. Minimal down-payment

Any other form of financing would require a percentage of the cost as a down payment. If the buyer can’t pay a large down payment, seller