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From The Blog
We buy the Seller’s interest in Contract For Deeds and the Beneficiary’s interest in a Note & Deed of Trust or Mortgage. CFPB Rules regarding sellers carrying back a note & mortgage for the sale of a property to a buyer who will occupy the home may be changing in the future. For all our transactions we require title...
Reasons for Seller Financing: A Seller may be interested in selling a property and carrying back a Promissory Note & Deed of Trust for a number of reasons. The Seller may feel the property will sell quicker, the property type may make it difficult to find conventional bank financing, or the Seller is interested in the interest income generated...