Home owner financing is a finance option often overlooked by people buying a house. It is worth thinking about. Many times people don't have enough money for a down payment or in other ways cannot qualify for a loan through traditional means.
In this case you might want to ask the homeowner to finance the house. If the homeowner has enough equity in the home and is happy with the income your payments would provide, they may do it. After all they still have the collateral of the home as back up. When buying a house, get creative.
In this case you might want to ask the homeowner to finance the house. If the homeowner has enough equity in the home and is happy with the income your payments would provide, they may do it. After all they still have the collateral of the home as back up. When buying a house, get creative.
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