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2. 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. This can be a viable option for buyers who don’t qualify for a ...

3. How to buy land: A step-by-step guide - AOL

   www.aol.com/finance/buy-land-step-step-guide...

   Seller financing: If the owner of the land is eager to complete the sale, you might be able to negotiate seller financing. With this option it’s best to hire an attorney to assist with ...

4. 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.

5. 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 ...

6. Closing (real estate) - Wikipedia

   en.wikipedia.org/wiki/Closing_(real_estate)

   The closing date is set during the property negotiation phase and is usually several weeks after an offer is formally accepted. [2] At a high level, the closing typically involves the following parties: the seller, the buyer, real estate agents, attorneys (depending on the state), the mortgage lender, and the settlement agency (also known as a ...

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

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

   Visit FEMA.gov to verify whether the property is in a flood zone. Commission a thorough home inspection, including water, well and septic testing. How to buy a house for sale by owner: 7 steps to ...