Owner Financing
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Owner Financing 101 – Click Here To Learn More
Are you searching for a home in Austin Texas? If so, you may have seen some properties listed along with the keywords “owner financing”. This means that the owner is going to finance the property themselves because the home is paid off and they will essentially act as the bank and finance the property. When an owner carries the paper they will charge an interest rate just like a traditional bank like a traditional lender and there will be a term that the borrower will be expected to pay the home off in. Good For Some Home Buyers Owner financing works out especially well for some home buyers who haven’t…