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What is owner financing?

Owner financing is a way of financing a real estate transaction that involves the property owner providing some or all of the financing for the purchase, less the cost of the down payment. Owner financing is typically agreed to by both parties and entered into a legal arrangement, under which the various terms, including interest rates and monthly payment amounts, are settled in order to protect the rights and interests of both parties.

If you would like to learn more about owner financing and whether it may be a good decision for your real estate needs, contact Easy Road Home today at 888-405-2817.