I always recommend seller financing for a lot of reasons, but one of the things I love about it is the flexibility.Seller financing is an alternative way to purchase property where the seller provides the money instead of banks.
As a first time property buyer, you may not qualify for regular loans due to low credit, inconsistent job or not having money for the down payment.
Seller financing allows you to get money on more negotiable terms instead of traditional mortgages.
Buyers and sellers can creatively structure something in the financing agreement based on their needs and circumstances.
It could be low interest rates or longer installments as compared to the banks.
Have any questions about seller financing? Drop down in the comments below.
Follow @gianinaromito_realestate to learn more about seller financing.
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