Seller Financing

Seller financing, seller loan, or seller carry back loan is a type of second mortgage loan offered by property sellers to buyers in order to help the latter bridge the money gap between his first mortgage and down payment. This type of financing is very useful in bringing sellers and buyers together to close an acquisition deal.

Substantial Investment

Real estate property sellers who offer this financing option can facilitate the sale of their property fast and easily. Using this loan offers lots of advantages to both the seller and the buyer. Some of these advantages include: substantial savings in the acquisition’s closing cost, fair negotiation of interest rate and repayment schedule, and chance to request special condition of the purchase.