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

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

   Example of owner financing Say a buyer is interested in a home priced at $380,000 and plans to put down $38,000, or 10 percent. Due to credit or financial circumstances, the buyer can only qualify ...

3. UCC-1 financing statement - Wikipedia

   en.wikipedia.org/wiki/UCC-1_financing_statement

   A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

4. Land contract - Wikipedia

   en.wikipedia.org/wiki/Land_contract

   For example, if a buyer pays a $2,000 down payment and borrows $8,000 for a $10,000 parcel of land, and pays off in installments another $4,000 of this loan (not including interest), the buyer has $6,000 of equity in the land (which is 60% of the equitable title), but the seller holds legal title to the land as recorded in documentation in a ...

5. Seller financing - Wikipedia

   en.wikipedia.org/wiki/Seller_financing

   When used in the context of residential real estate, it is also called "bond-for-title" or "owner financing." [ 1 ] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate , until the loan is fully repaid.

6. 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.

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