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  2. Owner financing: What it is and how it works - AOL

    www.aol.com/finance/owner-financing-works...

    Owner financing — also known as creative financing, a purchase money mortgage or seller financing —is an arrangement in which the home seller provides some or all of the financing directly to ...

  3. How to buy a house for sale by owner - AOL

    www.aol.com/finance/buy-house-sale-owner...

    One thing to be aware of: A home for sale by its owner may be listed for a lower price than agent-represented homes. In 2023, the typical FSBO listing sold for $310,000, ...

  4. Seller financing - Wikipedia

    en.wikipedia.org/wiki/Seller_financing

    Seller financing contracts are subject to fewer consumer protections than mortgage loans in most states. While seller financing can provide a unique way for people with low credit scores to obtain a path to home ownership, they are considered predatory by groups such as the Center for American Progress. In addition, some investment firms have ...

  5. I Bought My First Home in Retirement: How I Did It - AOL

    www.aol.com/finance/bought-first-home-retirement...

    After 42 years of writing rent checks, Andrea N. finally decided enough was enough. At 68, she took the leap into homeownership -- something plenty of people told her was impossible in retirement....

  6. Creative financing - Wikipedia

    en.wikipedia.org/wiki/Creative_financing

    A simultaneous closing allows a home seller to offer owner financing on a property without having to hold any mortgage. On closing day, the property title is transferred to the buyer and the newly created (owner-financed) mortgage is sold to a note investor for cash, simultaneously.

  7. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.

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