Buyer default on mortgage payments is the biggest risk when selling your home with owner financing. I wrote an article on how to protect buyer default in my previous blog titled "How To Do Owner Financing And The Eleven Rules You Must NOT Break To Protect You From Buyer Default". You can click here to read the details about it.
Here is another links related to this issue:
http://besthomesellingtips.com/2007/07/29/top-10-mistakes-made-when-selling-your-home-with-owner-financing/
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In my previous blog, I wrote about how to sell your home with owner financing, its associated risks, and how to protect you as a seller from buyer default. Now, housing market is down and using the tools of owner financing may help you to sell you home fast. However, you should always be aware that there are risks associated with owner financing and know how to control the risks. The biggest risk is the buyer default. You should always take precautions about this and do not break the golden rules I described in my previous blog. Or your punishment will be very severe.
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Today, I am going to tell you the top 10 mistakes made when selling your home with owner financing in the style of David Letterman’s top 10 list. These are the mistakes you should never make after you read this blog. Read more
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