Have you ever encountered ...

• Buyers that did not qualify for conventional financing (self employment income, derogatory credit history, investors with multiple loans, corporate buyers, etc.)

• Properties difficult to finance through traditional methods

• Slow markets with properties listed for over 90 days

Imagine the number of transactions that failed to close because either the buyer or property did not qualify for conventional financing. Savvy real estate investors, realtors and mortgage brokers have utilized owner financing as their creative solution for decades. Once a seller accepts owner financing, all or part of the payments can be sold for cash. The seller may elect to sell their payments at closing or collect payments over time with the option to sell the remaining payments at a later date.

Owner financing can be a win win situation for all parties. The seller walks with the cash they need, the buyer purchases the property they desire, and the realtor or mortgage broker earns their commission! Owner financing is also an effective tool for moving properties faster or converting lease options to permanent financing.