2011-03-21 — housingdoom.com
"In a slow housing market with tight credit, seller financing can be a popular way to finance a house. Some seller financing plans are worse than others, however. Yesterday, ABC15 News in Phoenix did a feature on seller financing which made it sound like it could be a good deal. When I checked out the website of the company they featured, Arizona Sellers Financing, I was pretty horrified at their terms. Check this out from their “20% Down†program:"
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randrnote at 00:54 2011-03-26 said:
www.ranrnote.net I had read this post else where this morning, as I do not know the company mentioned, I can't speak for the validity of their deals. What I do know is that is not a typical "Seller Financed", scenario. Each and every deal is unique and just as in traditional lending all parties need to do their due diligence. In doing so seller financing can and has been a great option for many people in both selling and obtaining a home in what is a depressed market. Take a moment and go find factual information for your options and remember there are a good deal of qualified note finders out there, and it's all we do. Always make an informed decision! Permalinkadd a comment | go to forum thread
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