(Seller) Financed Homes in the Poconos
is a Poconos Owner Financed Home ?
problems qualifying because of increasingly difficult bank
mortgage guidelines, or credit problems ? Owner financing
has always been here and in this market is the perfect way
for you to get the home you want. Simply, if you have the
income (a job) to pay the mortgage and have a reasonable down
payment, like at least 20% of the purchase price, owner financing
may be the best option for you.
Buy an Owner Financed Home?
to qualify, but be prepared to fill out a mortgage application.
paperwork and less hassles. Owners make the decision themselves.
can include property taxes and insurance
Does an Owner Financed Purchase Work?
financed home purchases usually require employment, income verification
and often a completed mortgage application to make sure that
the buyer can afford the monthly payments. Some owner financing
requires a balloon payoff so.. the seller (and you) will want
to be sure you will qualify at the end of the mortgage term
term. Next, an agreement is drafted by your agent or attorney,
the deposit fee is paid in order to secure the current purchase
price. Title insurance is ordered and the seller financed property
View Any Home for Sale in the Poconos Mountain - Call USA
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