Is Seller Financing for You? Part 2
In my last blog on seller financing, I basically outlined the benefit to the seller. Now I want to outline some the pros and cons to the Buyer via seller/owner financing. Seller/owner financing lets people who might not be able to secure a mortgage to buy a home. A seller might OK you even if a bank or other traditional lender turned you down. You have a faster closing as there is no waiting for the bank loan officer or a legal department to process and approve your applicati