Seller Financing

It is very common nowadays to have a seller financing a whole or part of the deal and such a person is usually referred to a motivated seller since he is ready to go the extra mile. It is very possible to come across infomercials where you are given the offer to purchase real estate without any down payment. This implies the seller is ready to finance some or all the part of the deal and it is a big relieve on the buyer or investor.

Financing some of the aspects of the deal is part of the incentive to attract buyer to take up a property that may not be attractive to some investors. Seller financing also comes in various forms which include lease option, contract for deed or land contract, holding a second mortgage etc.

Seller financing, no doubt, is a great way of attracting potential buyers to a property and it offers a form of assurance and relief to prospective investors.

 

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