Some Sellers Offer Financing to Get Deals Closed

Buyers who have a foreclosure or bankruptcy in their credit past would find it challenging to secure financing from a bank anytime soon for a home purchase.  As a result, some sellers are stepping in to offer seller financing to get a home sold.  Seller financing, once popular in the 1980s when mortgage rates spiked to 18%, is making a comeback in areas flooded by foreclosures and where tight lending standards are keeping some buyers on the sidelines. ..read more

Leave a Comment