Usually owner financing has higher interest rate than a bank.
If you have credit issues best clear those go purchase a home BE less of down payment
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
Start the process right 1st by talking to a Licensed Mortgage Professional to determine who much home you can afford and whether you are credit wordy and is there an ability to repay the loan.
The Mortgage Professional will give you a conditional approval letter to take to the realtor.
Once the realtor has found your home you should get it inspected to determine if it’s structurally safe (have the realtor recommend one locally) and be sure to ask your realtor to negotiate a home warranty paid by the seller.
Now is the time to determine and negotiate you rate and terms with the Loan Officer who is responsible to order an appraisal that you will be responsible to pay for prior to the arrival of the appraiser.
You’re Mortgage Professional / Loan Officer will be responsible to guide you the rest of the process and should not take more than 30 days.
DURING THIS PERIOD DO NOT TAKE ON ANY ADDITIONAL DEBT UNTIL THE LOAN IS CLOSED AS YOU WILL BE DENIED THE LOAN.
Wherever you're located in this nation, you can trust you're working with a reputable mortgage banker - not a fly-by-night operation. Here's why.
Bank of England is partners with every major investor on Wall Street; allowing us to provide the best rates and terms on all mortgages.
We are approved by the Better Business Bureau and Bank of England /ENG Lending is the only mortgage bank among its competitors that is owned by a FDIC insured bank and did not need government bailout to remain solvent.
Bank of England loan officers don't simply facilitate the loan process; they act as "financial advisors," helping clients assess their finances on a larger scale. Whether you're self-employed and need a low-doc mortgage loan, or you're searching for the best rates on a jumbo home loan, your loan officer is here to find your perfect solution.
Get the facts about home mortgages from the experts at ENG Lending. Learn about different types of home mortgage loans and what to expect during the mortgage application process. Plus, find information about the current mortgage market and which mortgage myths you should never believe.
Let ENG's experienced Mortgage Bankers help you find a solution for your financial needs. My name is Lowell contact me at (972) 646-2411 so we can discuss your situation in private. Benefit from my 21 years of experience answering the most common mortgage questions.
16800 N. Dallas Pkwy, Suite 290 | Dallas, TX 75248
Office: 972-646-2411 | Cell: 214-418-7022 | Fax: 214-614-4637
Bank of England /dba ENG Lending: NMLS# 418481
Since you are not involving a bank for a mortgage it would be entirely up to the seller or homeowner to let me discuss your current credit situation to properly structure the deal so its suitable on both ends. Even if they say yes you may not agree to terms, keep in mind some homwowners are not eligle to do a short sale and owe more than the property is currently worth, therefore a lender would not lend above appraised value to a person with good credit using conventional financing. This may open up some good opportunities for you to get into a home as long as you are willing to accept some terms that may not be acceptable in a traditional deal. Feel free to contact me to discuss options and properties that offer owner financing.
Russ Greenberg, RELO "Experience Counts"
561-445-8782 - Direct
Florida's Real Estate Leader since 1926, 30 offices serving South FL
Keyes Real Estate, Mortgage, Title, & Insurance
Boca Blue Lake Office
1200 Yamato Rd Suite B-1
Boca Raton, FL 33431
Your best bet would be to talk to a mortgage broker who might be a better resource than a home seller. There are not a lot of sellers who will finance a mortgage, and that is not a category (field) on the MLS. Hard to find.
If you would like the name of the mortgage broker who I have worked with successfully email me at the address below. In your price range, $700-$900k, there will be a house just for you.
Looking forward to working with you and finding you the home of your dreams and a great financing plan.
Marilyn Jacobs, REALTOR
landline: 561-638-9818; cell: 561-302-3388
Jeffrey Ray & Associates
TESTIMONIALS: http://marilynjacobs.com/ (Click on red tab that says TESTIMONIALS)
There are many great homes in Boca Raton! It's fabulous area to move to. I have a great direct lender for you to use. A great neighborhood I would suggest with your budget:
Woodfield Hunt Club
If I can be any assistance, let me know:)
I'm sure there plenty of homes in Boca Raton in the price range you're looking. But to find "owner financing" is another story all together.
If your buyer has 50% down payment, I can help them obtain financing. If they're looking for owner financing, I would assume that there must be some credit issue which disqualifies them from conventional financing. They will pay a much higher rate of interest, but there are options with a 50% down payment.
Contact me and I will steer you in the right direction.
Michael Somerville - Freedom Mortgage -Direct Lender.
Hi! You are looking to purchase with seller financing so you need to be looking for a regular sale. On a short sale the bank will not pay attention to this request and with a foreclosure the bank again is not interested. Are there some nice seller properties in Boca with your specifications? Yes. You will also need an attorney/title company to complete this transaction.
Susan Penn, PA,SFR
2000 Main Street
Weston, Fl 33326
I am sure from your research that you are able to find plenty of properties available at the price range you are looking for. However, you need a local and experienced Realtor to help you navigate your way through so that you know you are getting a great deal and taking full advantage of the buyers market.
As a buyers agent, I am able to make sure that you are getting exactly what you are looking for, with the best deal possible, and saving you money the closing process. Best of all, my services to you are 100% cost-free to you.
Contact me at 561-929-0428 or email@example.com and I will be happy to put my knowledge and experience to work for you.
West Real Estate, Inc.
Great news! There are 145 homes in Boca Raton area that meet your criteria. You need to first figure out where you would to live: East, Central, and West Boca. The second question, you should ask yourself are what community or home ammenities are important to you, whether you would like the country club neighborhood with clubhouse, or low fees.
Mike1313, should you need any assistance, I would love to help you out.
Jen Susanne Sommers
Hope you enjoyed this wonderful day!
There are many homes for sale within that price range in Boca Raton, from East to West. Do you have other criteria that are important to you other than owner financing, Boca Raton, $700- $900K? Do you need a large home? Are schools important to you? Do you need to be near major roadways for easy commute to work? What amenities are important to you in your community? These and other important questions can help in finding the right home for you.
Everything is negotiable and if you find the right home and the seller is able and willing to finance, then the details can be negotiated. Many sellers don’t think of listing their home as seller financed but will consider it if a good deal is presented. I'm a negotiator that can help you find what you need. Let’s talk...561-809-8328.
Boca Raton, FL
We should be able to find you a house that will seller finance. I would be happy to email you a list of available properties, with photos. In addition, I can set you up to receive an email alert when something new comes on the market that meets your criteria. Please call or email me with your email address to get started.
Please call with any questions. I look forward to hearing from you.
Amy Givoni, Broker
Givoni Realty Corp.
There are homes listed for sale in Boca Grove Plantation, Blue Inlet, Boca Isles and Camino Lakes where the owner is offering owner financing. Please email me at WendyCasey@ymail.com and I will send you more info and photos.
Remax Advantage Plus
Your best bet is to interview at least three agents who service the Boca Raton area and select one to represent you that you know has your best interests at heart and the skills to help you clearly identify your needs and locate matching properties. Perhaps the most important skill is the ability to evaluate the current market around the home you are interested in and negotiate the best pricing and terms on your behalf. There is a lot of inventory in these price ranges and finding one to carry 50% of the paper is easily accomplished.
Of course much depends on what you are looking for in a location and lifestyle and a qualified Realtor® can help point you in the right direction. A few recommendations I would make; I would tell you to not sign a buyer's broker agreement with anyone. This is a form an agent will use to tie you up and ensure any transaction you make will only be through them. Find an agent who is happy to perform their services with the knowledge that if they do not properly meet your expectations they will lose your business. Second, never call a listing agent about a home they have listed as their initial relationship with the seller will prevent you from working out the best deal when it comes time to negotiate pricing and terms.
If you do decide to interview agents please feel free to contact me as I would be honored to be on that list.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty
I look forward to hearing from you soon.
Nicole Marks Mason, Realtor
Tammar Realty Corp. http://www.buysellboca.com
Is your preference for East or West Boca? Do you prefer a country club community with
amenities that will require equity membership, initiation fees and monthly fees or a
neighborhood that does not impose these costs?
How many bedrooms and baths are required, are you open to both 1 and 2 story designs?
Are you prepared to purchase at this time or is it conditioned upon the sale of an existing
We have been buying, selling, building, developing and financing properties in the Boca
area for nearly 30 years and can certaintly help to identify homes that meet your criteria.
Gary Rosen Rosen Real Estate Group 561.573.8500 firstname.lastname@example.org
Although owner financing is not that common, there are sellers in a position to do so.
One property just listed in St. Andrews that is open to this is and the link is below.
If you let me know a little more about what you are looking for (golf course, view, close to a certain school ect) I am happy to do a search for you and any that you interest you we can explore further.
Enjoy this beautiful day!
Golden Bear Realty
Tell me more and I'll be happy to find you "the home of your dreams," as I've done for so many others. Click website link, go to testimonials.
How many bedrooms and baths.
Are you interested in a gated equity golf club, a property near or on the ocean?
What criteria are important to you.