A sale where the seller acts as the lender, and the buyer makes payments directly to them instead of a bank.
It helps buyers who can’t qualify conventionally and sellers seeking interest income or a faster sale. Terms — rate, term, balloon date — are fully negotiable since there is no bank underwriting involved.
Example: undefined
FAQ
What is Seller Financing in simple terms?
It helps buyers who can’t qualify conventionally and sellers seeking interest income or a faster sale. Terms — rate, term, balloon date — are fully negotiable since there is no bank underwriting involved.