Seller financing is a method of buying/selling a home that does not involve banks and cash offers.
It is one of a few different methods of selling a house for homeowners that need a way to get out from under a property.
In a deal where the seller is financing a property, the seller and buyer agree on a price for the property that will ultimately be paid after a term.
Let’s say a house is worth $100,000. If the seller is desperate, they may agree to sell the house at $90,000 with a seller finance deal.
This type of …Read More