Owner financing is a type of real estate agreement between buyers and sellers that operates like a mortgage but without a third-party lender. The seller takes up a position similar to a lender. However, the buyer repays the seller in monthly installments as opposed to the bank. The buyer and seller agree on an interest rate for the financed portion, as well as the monthly payment amount, schedule, and other details of the loan. Seems simple, until you think about all the things that can go wrong. Is owner financing worth considering if you want to sell your land?
Pat Porter, broker at RecLand Realty, covers some of the basic information you need to know before you negotiate owner financing and discusses how it is an appealing option for sellers who want to close a deal fast, get a higher purchase price, and earn good returns in the form of interest.
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Hey Pat, I’m a novice land investor. I’ve played your video on Owner Financing several times and it was very helpful. Please send me the PDF on Owner Financing at your earliest convenience.
Thanks, Bob Perlsweig
Be glad to send it!
Hi Pat,
Thank you for your inspiration and experience! I am also interested to see your PDF.
Thank you very much,
Kind Regards
Richard
Sure thing!
Please send me the PDF on Owner Financing at your earliest convenience.
Yes sir! Glad to.
Hello Pat, this is Dr. Johnson. Your video on Owner Finance was very informative. I learned a lot. I would like to request your PDF on Owner Finance, thanks a million.
Hey! Thank you. Glad you watched it. I’ll shoot that doc to you. Have a good week!
Please send me the PDF on Owner Financing at your earliest convenience.
Richard
Hi Pat,
Thanks for the great video on owner financing.
Please send me the PDF on Owner Financing.
Thanks again,
Jack
Pat, would you please send me the document on owner financing?
Hi Pat thanks for the info! I appreciate a copy of the agreement you mentioned.
Pat, please send me the PDF of your owner financing at your earliest convenience.
Hey Pat,
Please send me your PDF on owner finance.
Thanks,
Elaine Corbett
Hi Pat, can you kindly share with me any information, documents, agreements related to “Owner Financed Sale of Land” at your earliest convenience. Thank you
Please send us owner financing PDF. Thanks