Real estate blog entries tagged with owner financing by Curt Darragh (Legacy Land & Homes, LLC)

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Home : Blogs : Curt Darragh : YourCyberAgent - Dutchess County Realtor : Tag "owner financing"

owner financing: The Perfect Storm for Owner Financing - 11/26/10 11:55 AM

Owner financing, does anyone even remember what that is anymore? I remember when my parents bought there home back in the 70's, the seller offered to hold the mortgage. My in-laws bought their home the same way. It was a common practice, with mortgage rates over 18% it was the best way for a seller to get their home sold. Fast forward 30+ years and most sellers won't even entertain the idea.
Why? Is it because we're doing a poor job of explaining it? Is it the government intervention, HAMP, HFA, etc.... or is it just too risky in their opinion. What … (0 comments)

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Curt Darragh

Poughkeepsie, NY

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Legacy Land & Homes, LLC

Address: 23 Orchard Park, Poughkeepsie, NY, 12603

Office Phone: (845) 206-9462

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