Owner Financing: A home-financing technique in which buyer borrows from the seller instead of, or in addition to, a bank. Sometimes done when a buyer cannot qualify for a bank loan for the full amount. also called seller financing or purchase-money mortgage.

 
Wednesday, September 8, 2010
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1. Deed of Trust
(FAQs/Vocabulary)
The deed of trust is a deed by the borrower to a trustee for the purposes of securing a debt. In most states, it also merely creates a lien on the title and not a title transfer, regardless of its ter

2. Deed
(FAQs/Vocabulary)
A deed is a legal instrument used to grant a right. Deeds are part of the broader category of documents under seal. Deeds can be described as contract-like, as they require the mutual agreement of mor

3. Fee Simple
(FAQs/Vocabulary)
...main, police power, and escheat and could also be limited by certain encumbrances or a condition in the deed. How ownership is limited by these government powers often involves the shift from allodial...

4. Vocabulary
(Articles/Real Estate Information)
Owner Financing:  A home-financing technique in which buyer borrows from the seller instead of, or in addition to, a bank. Sometimes done when a buyer cannot qualify for a bank loan for the full

...at the owner of the property will let you pay it off like a loan. Once you have it paid off you get the deed to the property. Most owners do not care who they sell to. So they will almost never make a...

6. Buying Investment Property With No Credit Check
(Articles/Real Estate Information)
...ior to signing on the dotted line. The buyer will want to make sure that he/she will receive a warranty deed on any investment property, which means it will be free and clear of any liens, and that th...

Owner Financing is a great vehicle for both Sellers and Buyers.  Sellers if you are looking for any of the following benefits, then owner financing may be for you: Top sales price for terms rath

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