Updated over 5 years ago on . Most recent reply
What is the % of seller-financed deals that ultimately fail?
I know that RTO buy rate is somewhere around 5%. Does anyone know the buy rate on seller-financed deals - the ones where I, the seller, seller-finance my houses, as opposed to RTO? Really, to me it's semantics. I hold the deed for the duration until the 5 year balloon, at the end of which I discover if they will buy, walk, or renew.
Most Popular Reply
@David de Luna
Where did you get the 5% RTO stat?
You have presumed terms of the deal that would affect the deal's outcome.
Sounds like lease option and forms of seller finance are being confused here.