Real Estate For Fun And Profit » institutional lenders http://realestateforfunandprofit.com Tue, 07 Feb 2012 09:36:23 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Why is seller financing exempt from usury laws? http://realestateforfunandprofit.com/why-is-seller-financing-exempt-from-usury-laws/ http://realestateforfunandprofit.com/why-is-seller-financing-exempt-from-usury-laws/#comments Wed, 26 May 2010 12:01:38 +0000 Anon I don’t understand why sellers-of-real-estate offering financing to buyers should be exempt from usury regulations. (I know this is true in NY state). It benefits the sellers, but why would this be in the states’ best interest? Is it perhaps because it facilitates the primary mortgage market without involving institutional lenders? Still, it seems downright shady to me.


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