HOW TO BUY A FOR SALE BY OWNER HOME

Your new home is one of the biggest investments you’re likely to make. Typically, such an investment requires some type of financing. The most common type of financing is a traditional bank loan. However, for those who are unable to get traditional financing, alternatives exist. One such alternative is seller financing. If you’re in the market to buy a new home and have seen homes for sale by owner, you may wonder what this means and if it is a viable option for you. It certainly sounds easier than bank financing. Read on to learn more about owner financing to decide if this is an option you should consider.

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