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Updated almost 10 years ago on . Most recent reply

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Kristen Harding
  • investor
  • Batavia, IL
2
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9
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seller financing

Kristen Harding
  • investor
  • Batavia, IL
Posted

How does seller financing work when realtors are involved? How do they get paid?

Most Popular Reply

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588
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Shawn Thom
  • Investor
  • McKinney, TX
224
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588
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Shawn Thom
  • Investor
  • McKinney, TX
Replied

Just because you are selling owner finance doesn't mean $ doesn't change hands.  Usually you'd get a down payment that would go to the seller from the buyer.  It could come out of that.  I guess if you don't take a downpaymet you'd have to write a check.

There are also could be expenses around a licensed loan originator and set up fees for a loan servicing company if you go that route.

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