September 10, 2007
How To Do Seller Carry-Back Mortgage And Subordination - By Example
In a slow housing market, using owner financing as a tool can help you reach more buyers than without owner financing. You have more flexibility. You can sell your home to those who can get a mortgage loan. You can sell it to buyers who cannot or don’t want to get a loan from a lender. You can do zero down or non-zero down owner financing based on your situation.
In my previous blog, I wrote about wraparound mortgage by example. Today, I am going to talk about another important technique of owner financing by example, that is, seller carry-back mortgage. Read more
Filed under Selling home owner financing by John W.
