Tag Archives: owner finance

How to Owner Financing Contract | Owner Financing Contract

Owner Financing Contract www.reimaverick.com If you are in danger of an upcoming foreclosure and you’re looking for another way out, knowing what an owner financing contract is absolutely essential. Here we’ll explain exactly what an owner financing contract entails, how you go about getting one, and what the risks are when using an owner financing contract. Owner Financing Contract | What Is It Exactly? An owner financing contract basically puts the responsibility for paying off the remaining amount of the mortgage on the buyer of the home. Many might ask, ‘why would I want to sell my house if I’m not going to make any profit?’ Thats a good point, you wouldn’t want to use an owner financing contract if you aren’t facing a foreclosure. However if you’re facing a foreclosure then your other options aren’t looking very great. If your house undergoes a foreclosure then your credit is going to take a major hit, however if you use an owner financing contract then you can definitely protect your credit score from substantial damage. Now you may be wondering why a buyer would want to go along with an owner financing contract in the first place. Well have you seen how difficult it is for someone to be approved for a loan these days? Although mortgage rates are low and home prices are down, banks are implementing extremely stringent loan policies that require most applicants to have near perfect credit to be approved. With an owner financing contract on the other hand, buyers that

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    What is Owner Financing in Real Estate? – Forte Properties

    What is Owner Financing in Real Estate? Find out here or visit our website @ www.GreaterAustinHomes.com Owner Financing or Seller Financing in real estate is where all of the purchase price, less the buyer’s down payment, is carried by the seller. Instead of going to the bank, and in exchange for full legal ownership of the property, the buyer gives a real estate lien note to the seller as evidence of the loan and makes payments to the seller or to a third party servicing company. Even if there is an existing loan on the property, the Seller can still sell with Owner Financing using a wrap around mortgage. Put simply, a wrap around mortgage is a new mortgage that is created on a property that “wraps around” an existing mortgage. There are many benefits that come with Owner Financing as opposed to conventional financing for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases the transaction is a “Win for both parties. Sellers like Owner Financing, because they can make money upfront, in some cases cash flow monthly and collect the equity when the buyers refinance without all the hassles and liabilities that come with being a landlord. This is also a great tool for home Sellers with little or no equity and is an excellent alternative to short sale or foreclosure. Buyers like Owner Financing, because they are able to purchase their very own home when otherwise they could not. Qualifications are easy, closing costs

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      Owner Financed House In Austin

      Owner Financed House In Austin – www.brickhomepartners.com If you have a steady income and can raise a reasonable down payment, you could EASILY qualify for our Owner Financed home purchase program! We’ve helped families in just about EVERY situation own a new home, with NO BANKS NEEDED. With our streamlined buying process, you can usually be in your Owner Financed home within 14 days — even sooner if you need to move quickly, and get you on the path towards improving YOUR overall credit worthiness! Take Advantage of ALL the Benefits of Home Ownership, Including all the Tax Benefits. 100% of your down payment goes towards the purchase price AND you walk out of closing with the keys, the deed and a mortgage, so… Call us today at 512-456-3657 for more information about our owner finance program and learn more about your new DREAM HOME! youtu.be

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        Owner Financed, Rent to Own Texas Home — ALL CREDIT OK — Killeen 4 beds,2.5 baths.AVI

        MANY Seller-Financed HOMES FOR SALE. You could own this large 4bedroom 2 ½ bath OWNER-FINANCED home today! In the 76549 zip code of newer homes, close to intersection of Stan Schlueter and Clear Creek Road. For the size, this home has affordable monthly payments, and you OWN it, getting all the tax write-offs from Day One! We have others, too! Spacious 4-bedroom home at an affordable monthly payment, with a great location near intersection of Stan Schlueter and Clear Creek Road close to Fort Hood military base, dining, and major highways!… Home is zoned for these great Killeen ISD schools: Haynes Elementary, Palo Alto Middle, and Shoemaker High. 50+ owner financed homes for sale throughout Austin and Central Texas: Call and LEAVE MESSAGE with 512-850-7336. Bad/No/Ugly Credit OK and no mortgage qualifying is needed! Se Habla Espanol. You get the deed & 100% home ownership at closing. If we don’t have what you want at this moment, tell us what you’re looking for—Go to www.OwnerFinanceYou.com and Get Started by signing up on the VIP Buyers List you will get 1st peek at new homes as they become available. ACT NOW because these homes often sell FAST!!! Know anyone else who wants to own a home but doesn’t want to deal with the banks? We pay CASH referral fees of 0-00 OR MORE if your friend buys one of our homes — “Contact us!” with their info so we can help them into a home of their OWN!

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          Owner Financed, Rent to Own Texas Home — ALL CREDIT OK — Killeen 3 beds,2 baths

          MANY Seller-Financed HOMES FOR SALE. You could own this good-sized 3bedroom 2 bath OWNER-FINANCED home today! Just walking distance to the Hood Army Air Field, in the 76543 zip code, this home is close to WS Young and Westcliff Road in Northern Killeen…Home is zoned for these schools: Brookhaven Elementary, Rancier Middle School (and is WALKING DISTANCE to the Elementary and Middle schools!), and Killeen High School. AFFORDABLE monthly payments as low as APPROX. 0 to 0 per month, and this is the total MORTGAGE payment (not rent!) so you OWN it, getting all the tax write-offs from Day One! We have others, too! Often 50+ owner financed homes for sale throughout Austin, Killeen, and Central Texas: www.OwnerFinanceYou.com or LEAVE MESSAGE with 512-850-7336. Features include Open floor plan, brick exterior on all 4 sides with large Master bedroom. NEW PAINT, CARPET, KITCHEN, and kitchen appliances make this look like a brand new home!!! Guest bath has nice, retro seafoam colored tile in shower. Buyer benefits from new roof that was recently replaced—Just about 3 years old! Bad/No/Ugly Credit OK and no mortgage qualifying is needed! Se Habla Espanol. You get the deed & 100% home ownership at closing. If we don’t have what you want at this moment, tell us what you’re looking for—Go to www.OwnerFinanceYou.com and Get Started by signing up on the VIP Buyers List you will get 1st peek at new homes as they become available. ACT NOW because these homes often sell FAST!!! Know

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            Welcome! and How to Own a Home through our owner financing program (no bank qualifying).avi

            WE OFFER MANY owner-financed HOMES FOR SALE in Central Texas, with no bank qualifying needed. Self-employed? Have too many other loans or debts on your credit already? Want to close FAST without dealing with banks? Or simply don’t have the high credit score the banks demand? If you have a down payment you can save, borrow, or get from retirement and can afford the payments on the home you want, then we should be able to help you OWN a home and finally stop renting! No tease of a rent-to-own — you do OWN it (and get all the tax write-offs and equity appreciation) from THE VERY FIRST DAY! Visit www.OwnerFinanceYou.com or call and please LEAVE A MESSAGE with 512-850-7336. ALL Credit OK. Se Habla Espanol. If we don’t have what you want at this moment, contact us and WE MAY BE ABLE TO FIND IT. Go to www.OwnerFinanceYou.com and Get Started by signing up on the VIP Buyers List you will get 1st peek at new homes as they become available. ACT NOW because these homes often sell FAST!!! Know anyone else who wants to own a home but doesn’t want to deal with the banks? We pay CASH referral fees of 0 or more if your friend buys one of our homes — “Contact us” with their info so we can help them into a home of their OWN!

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              Owner Finance – Pros and Cons of Owner Financing As Seller

              Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on the pros and cons of owner financing/seller owner financing… Definition: Owner financing is a loan where the seller in a transaction offers the buyer a loan rather than the buyer obtaining one from a bank. It is also called seller financing. Usually the buyer will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate, until the loan is fully repaid or until a new loan in put into place to retire the seller loan. Seller financing is an alternative worth considering when: – The buyer has no cash for a down payment sufficient to qualify for conventional financing – The buyer is simply unqualified for conventional financing – The property is one that conventional lenders will not finance – The property has simply been on the market too long with little buyer activity Owner Financing PROS – Terms of deal are flexible and negotiable – Higher sales price – the seller may be in a position to command full list price or higher – Tax breaks – reporting only the income received in each calendar year – Monthly income – payments from a buyer increase the seller’s monthly cash flow – Favorable Returns – Higher interest rate – owner financing can carry a higher rate of interest compared to other investment types – Shorter listing term – Offering owner

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                Lease Purchase, Owner Finance, Lease Option, Rent to Own! 3Bd 2.5Ba Olathe, Kansas

                www.KCHomeSolutions.biz – 3 Bed, 2.5 Bath, 1750sqft home in Olathe, Kansas. This is an Owner Finance or Lease Option (Rent to Own) home – No Bank Qualifying! This fantastic Olathe home has new carpet and paint! Enjoy a large, vaulted living room with a fireplace and bay windows, laundry on the main floor, and a finished den The Master suite is spacious with lots of closet space. Entertaining is a breeze with a bright, open kitchen and a formal dining room that looks out on the large, fenced yard. We make owning easy! We offer Easy No Bank Qualifying. We are the bank, so we can offer you special financing terms and downpayment assistance. No credit or bad credit is OK! Call Tammy at 913-231-6232 to schedule a showing today!

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                  Owner Financed Home For Sale

                  OwnerFinancedHomesEasy.com 480-205-0567 Bad Credit? No Problem! Only 00 Down to Move In! Why Rent? Be an Owner Now! Get Tax Write-Offs in Your Own Home! This is 2004 built 1800 sf Gated 55+ Community. 2 Car Garage is oversized. All window coverings are solid wood shutters. 2 Bedroom Plus Office and 2 Bath. Double Ovens and Glass Cook Top Electric Stove. Call 480-205-0567 Now!

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