Government Mortgage Programs

Seller Financing, a good way to sell a home

Seller Financing for Homes

Seller financing for homes is a concept that most people aren’t aware of. It can be the answer to the problem of selling in a slow market with tight credit. More buyers will be attracted to the home with seller financing, so it may sell faster.
Each state has their own real estate laws, so the process of creating a promissory note and mortgage should be handled by a real estate attorney. Since this is a legal agreement, it will be recorded in the property assessor office.