Owner financing is becoming one of the hottest real estate investment trends in the industry today. You will find many home owners who are willing to accept a promissory note as a portion of their purchase price because it enables them to meet their target asking price for their home. This is a vehicle used by many For Sale By Owners (FSBO's) to attract interested buyers. Many don't even know this financial strategy exists.

If you are selling your home on your own and are having difficulty doing so, perhaps owner financing is an investment strategy you should consider. Also known as "Seller Financing", you as a home seller accept a promissory note as a portion of the purchase price. A promissory note is a written promise to pay a specific amount of money for a specific amount of time at a specific interest rate. You can combine this with a traditional LTV loan from a lending institution. Call 4Sight if you would like to consider owner financing as a means to sell your home. We can help!

Owner Financing is one of many options to consider if the buyer cannot place 20% down on a property to avoid PMI charges. The buyer can acquire 80% LTV from a conventional bank and then finance the other 20% through the seller. This way the buyer can purchase the house with no money down and now makes two monthly payments. One to the bank and one to the seller, and both payments are yearly tax write-offs. Call 4Sight to go through some detailed examples on how owner financing can help you.