Even though
owner financing arrangements can be great deals, there are definitely some scam artists in the real estate business.
Not exact matches
Increased Buying Power: ROBS funding can be used as the down payment on a small business loan or seller
financing arrangement — making a business
owner a more qualified borrower and increasing his / her total buying power.
Owner Financing: If the buyer can not get a mortgage loan due to lack of down payment or derogatory credit, the seller may make
arrangements to
finance the loan for the buyer.
As also the
owner of a number of business enterprises, Tom has significant expertise in the area of business client representation and complex
financing arrangements for real estate development and business working capital.
A Bond for Deed
arrangement, also known as a Contract for Deed, is actually a form of
owner financing, but with one important exception: the seller retains the Deed and legal title to the house while transferring the physical possession of the house to the buyer.
Under a sale - leaseback
arrangement, a buyer may be able to obtain better mortgage
financing terms than the property
owner.
The interest rate in a sale - leaseback
arrangement generally is higher than what the
owner would pay through conventional mortgage
financing.