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  2. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    Although most land contracts can be used for a variety of reasons, their most common use is as a form of short-term seller financing. Usually, but not always, the date on which the full amount of the purchase price is due will be years sooner than when the purchase price would be paid in full according to the amortization schedule.

  3. 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 ...

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

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

    Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. ... the mortgage commonly comes due in the form of a balloon ...

  5. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    The financing company is likely to be represented in this discussion by either a car dealer or automotive finance broker. [6] This form of contract purchase was originally used more by businesses than individuals, but there has been steadily increasing use by consumers in countries such as the UK in recent years.

  6. How to buy a car from a private seller - AOL

    www.aol.com/finance/buy-car-private-seller...

    Release of liability form: ... You can also ask for the vehicle’s VIN and look up the car’s history using a free service online. ... Financing a used car from a private seller. Financing a ...

  7. Wraparound mortgage - Wikipedia

    en.wikipedia.org/wiki/Wraparound_mortgage

    When the buyer either sells or refinances the property, all mortgages are paid off in full, with the seller entitled to the difference in the payoff of the wrap and any underlying loan payoffs. Typically, the seller also charges a spread. For example, a seller may have a mortgage at 6% and sell the property at a rate of 8% on a wraparound mortgage.

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