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

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

    Owner financing agreements can be structured in a number of ways, including as a second mortgage, a rent-to-own contract or a wraparound loan. Owner financing tends to benefit the seller more so ...

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

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

    Key takeaways. Homes sold by their owners often sell for a lower price than traditional, agent-represented listings. FSBO buyers should be extra-careful to make sure all necessary paperwork and ...

  5. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...

  6. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Personal contract purchase (PCP), often referred to as a personal contract plan, is a form of hire purchase vehicle finance for individual purchasers, similar to both personal contract hire and a traditional hire purchase (buying on installments).

  7. What can a seller do if a homebuyer backs out of the contract?

    www.aol.com/finance/seller-homebuyer-backs...

    Due to financing problems: It’s also possible that a potential homebuyer can back out of a purchase because they run into problems securing financing. This is more common at times when mortgages ...

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