Updated over 6 years ago on . Most recent reply
Seller financing good or bad?
One of my client is buying a single family with seller financing. What are the drawbacks for buyers? What should we be watching out for? Interest rate is good and 30 years mortgage.
Most Popular Reply
Usually the interest rate is higher than what would be available from a bank, I'd just make sure you read the terms of the loan as well, you wouldn't want a massive prepayment penalty or something like that.