In this country millions of homes are sold every year. In most cases buyers go to a
bank or finance company to seek mortgage financing.In some cases, 200,000 in the U.S., home buyers rely on the seller rather than a
financial institution to provide financing because:• The purchaser may not qualify for a traditional mortgage.
• The purchaser may be a relative looking to save on closing fees.
• The seller may be interested in having a long-term income stream.Often the seller is pressured i.