Скачать или смотреть What is Seller Financing and How Does it Work? With Carley Metcalf

Seller financing is a real estate strategy in which the buyer finances all or part of the purchase price directly from the seller, rather than using traditional mortgage lenders. This arrangement can benefit both parties involved - buyers often benefit from lower interest rates and more flexible terms, while sellers can profit by earning interest on their investment and avoiding costly closing costs associated with traditional financing. Seller financing can also be used to negotiate a lower purchase price, as the seller may be willing to accept less money upfront in exchange for higher future payments.

With seller financing, the most frequent obstacle is due-on-sale (DOS) clauses in underlying loans. Most homes have a loan, and most loans contain DOS clauses, which can result in lenders not willing to consent to a seller-financed sale. Buyers should also be aware that not all properties are eligible for seller financing. It is important to remember that both parties should always seek legal advice when considering any real estate transaction involving seller financing. This will help ensure that all parties understand their rights and obligations under the agreement, which is essential for a successful transaction. As always, if you have any questions, reach out, and we will connect you with a professional!
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