Tag Archive | "seller carryback mortgages"

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The “Lease to Own” Scam

“Lease to own” deals often seem like a smart idea to home buyers who can’t qualify for traditional loans. But, be aware that a lot of these offers are designed to rip you off. A few years ago, I spoke with a man who made a living with lease to own properties. Basically, the process went [...] [...more]

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Seller Financing Basics

What is Seller Financing? Seller financing is a creative lending technique that allows the home buyer to take out a mortgage from the home seller instead of, or in addition to, a traditional bank. Some homeowners use seller financing as an incentive to draw in potential buyers. With seller financing, buyers do not have to meet [...] [...more]

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