Seller Financing Could Be Your Ticket to a Low-Cost Loan, But Is It Right For You?
Buying a new home might get you a nice interest rate from a builder offering buydowns, but what about the purchase of an existing home? If you find the right deal and a seller who has financial flexibility, you might be able to negotiate seller financing at a lower interest rate. It's a strategy that has been more common among investors, but some realtors say they are seeing more of these deals as buyers try to lower their monthly mortgage payments... ...You'll find links on this topic in the show notes at newsforinvestors.com. You can also learn more about creative financing and real estate investing as a RealWealth member. It's free to sign up. Just hit the "Join Now" button. Members get full access to our website with educational information on the housing market and real estate investing. You'll also have access to property teams and other real estate professionals including our experienced investment counselors. And please remember to subscribe to this podcast, and leave a review! Thanks for listening! Kathy Fettke Links: https://apple.news/AM2caC_R_TjOmZ7UaHCmmUQ https://www.wsj.com/articles/seller-financing-to-avoid-high-mortgage-rates-cd93d705 https://www.bankrate.com/mortgages/owner-financing/ https://www.marketwatch.com/story/seller-financing-can-help-home-buyers-pay-their-mortgages-whats-the-catch-8179248b
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