Tag: SELLER CARRY BACK

Changes to Frank-Dodd Act to release stress on lending

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US Treasury suggests changes in the Dodd-Frank Act which will affect housing, lending, investors, and sellers. The report came out Monday, October 9th, 2017. The Dodd-Frank Act (2011) squeezed out much of seller-financing, individual lender financing of mortgages. Today individual investors are hoping for reform of the Dodd-Frank Act. Reports are coming out from the … Continued

This Old House

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This Old House Made Me Want to Run I bought this old house in March, and began demolition on it in April. We are in on this house a month and the going is slow. I haven’t been too worried about the time because I bought it on 100% owner financing at 0% interest. The … Continued

What is Seller Financing?

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Before there were banks, there was Seller Financing. It’s as old as the Good Book. So what is Seller Financing? When a seller allows a buyer to make payments over time for the purchase of property, it is known as owner financing or seller financing. This form of private financing can take the place of … Continued