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What Is Seller Financing and Is It Good For Me? - 09/17/11 04:52 PM
Seller financing can be a win-win situation for both the buyer and seller in a real-estate transaction. As long as the contract is legal and both sides honor their obligations, both parties will find that seller financing is much less costly than traditional financing methods. In most cases, there is no need for a traditional closing, unless the buyer is using proceeds from a mortgage loan to cover some of the home’s purchase price in addition to the seller financing. The Seller
For the seller, offering seller financing is a great way to attract buyers when the market is slow and
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Brian Pitcher
Salt Lake City,
UT
More about me
The Pitcher Group
Address: 1214 E. Wilmington Avenue, Salt Lake City, UT, 84106
Office Phone: (801) 893-1121
Cell Phone: (801) 891-6604
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