Due to the tightening credit market, many experts believe that seller financing will make a major comeback this year.

Akron Ohio News reports:

“Creative financing’ is one of the items that is ‘in’ for 2009, according to an annual survey conducted by Mark Nash, a Coldwell Banker broker and real estate author who uses a network of 839 Realtors® in all 50 states and eight Canadian provinces to acquire consumer responses to a variety of housing questions.

Nash…believes that seller financing, or “carrying the paper” will return to popularity this year along with the lease-option.”

Not everyone is in a position to offer seller financing. But, for those who can, it’s often a smart way to attract buyers in a down market.

See Also:

Seller Financing Guide

Where to Find Seller Financed Properties

Seller Financing Laws

Tags | mortgage crisis, mortgages, Seller Financing