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Exactly what is Seller Financing – Simanda Investments

November 21, 2020 By RealEstate Notes

January 15, 2018 By simon

When a seller allows a buyer to pay gradually for the purchase of residential property, it is called owner financing or seller financing. This personal financing by the seller can fill in a bank loan or be in addition to a conventional mortgage. The payment quantity, rate of interest, and other terms are agreed upon by seller and buyer.

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