Seller Financing: What Is It And How Does It Work?


Are you looking for a way to get into the real estate market? Seller financing could be an option if you have less than stellar credit and want to buy a primary home.

Seller financing is also a great way to start real estate investing. With seller financing, you can buy a property without going through a bank. It allows you to enter the market sooner and start building property equity immediately.

What Is Seller Financing?


Seller financing turns the seller of the property into a lender as well. It can dramatically offer a wide array of mortgage and interest payment options.

What Are Typical Terms for Seller Financing?


Because there is more credit risk for the seller, interest rates are often higher for seller financing than for bank financing.

Interest Rate

Furthermore, there is often the potential issue of a balloon payment. A balloon payment is a massive payment due after a certain period.

Balloon Payment

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