swallowhotyl
četvrtak, 06.01.2011.
Seller Financing
Although any loan used for buying real estate is strictly called a purchase money mortgage, the term is often employed for seller financing, those transactions in which you "take back" a mortgage as part of the purchase price. These arrangements are suitable, of course, only when you do not need your proceeds immediately toward the purchase of another home.Taking back financing could make your property easier to sell during a difficult mortgage market. You might hold out for a higher sale price .
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