Homes for sale near me with owner financing

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Owner Financed Land Made Simple
Here’s how the financing works:
Owner Financing Homes and Condos For Sale
Daytona Beach Real Estate Owner Financing Available
Port Orange Condos and Homes For Sale Owner Financing
Ormond Beach Condos and Homes For Sale Owner Financing
South Daytona Beach Condos and Homes For Sale With Owner Financing
Click here to view all owner financed homes and condos for sale.
Owner Financing Benefits to Home Buyers
(386) 315 4744
Is owner financing a good idea for the buyer?
How does owner financing work in Florida?
What does seller financing available mean?
What does owner carry terms mean?

Owner Financed Land Made Simple

Owner Financed Land Made Simple

We realize that its difficult to obtain financing on vacant land. We also realize that dealing with Banks can be extremely frustrating, time-consuming and expensive. For these reasons, we offer Owner Financing on all of our properties. No Banks, No Credit Checks, No Fees and No unnecessary delays.

We offer Owner Financing to all purchasers on all properties at 6% interest, with no prepayment penalty.

The purchase price is the same for a cash or financed sale. Simply select which option you would like on the property of your choice. If the financing options shown don’t work with your budget, please let us know and we’ll do our best to work with you.

If you choose to take advantage of the Owner Financing, at your closing you will sign a Mortgage which will be recorded with the county that your property is located in, along with your Deed. You make your monthly mortgage payments to us (we do not sell your mortgage), and can pay via check, cash, money order, debit or credit card, online or over the phone. We even take trades (as long as we don’t have to feed it) for down payments or mortgage payments. Once the property is paid in full, we will record a Satisfaction of Mortgage releasing the Mortgage from your property. We try to keep the process as simple as possible.

Here’s how the financing works:

Step 1

Choose your property and select “buy with financing”.

Step 2

Enter your payment details.

Step 3

Come down to our office to close in person, or we email you your Bond and Mortgage for your property.

Step 4

Sign the Bond & Mortgage and mail them back to us.

Step 5

We record your Deed &Mortgage with the County Clerk. The land is now yours.

Step 6

Make your monthly mortgage payments by credit or debit card, check, cash or trade, and we’ll record a Satisfaction of Mortgage when you’re paid in full.

Owner Financing Homes and Condos For Sale

Have you recently found out you don’t qualify for a traditional mortgage because of some regulation that prevents the bank from lending to you? Perhaps you recently changed careers or you own you own business and the bank doesn’t like your income. You might have had a bankruptcy or other hardship that has now blemished your credit report. Late payments or medical bills. All of these reasons will make a bank say no to you when you try to purchase a home. Call me for more information (386) 315 4744

Even people with great credit scores and nothing really wrong with their situation get turned down for second homes or homes that just don’t conform with the banks requirements. Seller financing is a way to get around these roadblocks that prevent you from home ownership.

All of these issues can be resolved with owner financing and a down payment that the seller is looking for. In my experience the average seller financing deal requires somewhere between 15% and 30% down payment. This is the sellers assurance your going to make your payments every month. The seller acts the same as a bank, you will get a deed to the home when you purchases it.

Daytona Beach Real Estate Owner Financing Available

(386) 315 4744

Port Orange Condos and Homes For Sale Owner Financing

(386) 315 4744

Ormond Beach Condos and Homes For Sale Owner Financing

(386) 315 4744

South Daytona Beach Condos and Homes For Sale With Owner Financing

(386) 315 4744

Click here to view all owner financed homes and condos for sale.

Owner Financing Benefits to Home Buyers

(386) 315 4744

Little or No Qualifying. Even if the seller requires a credit report on the buyer, the seller’s evaluation of buyer qualifications are less stringent and more flexible than those imposed by conventional lenders most of the time.
Tailored Financing. Unlike conventional loans, sellers and buyers can choose from a variety of payment options such as interest only, fixed-rate amortization, less-than-interest or a balloon payment. Payments can mix and match. Interest rates can adjust periodically or remain at one rate for the term of the loan.
Down Payment Flexibility.Down payments are negotiable. If a seller wants a larger down payment than the buyer possesses, sometimes sellers will let a buyer make periodic lump-sum payments toward a down payment.
Lower Closing Costs.Without an institutional lender, there are no loan or discount points to pay. No origination fees, processing fees, administration fees or any of the other assorted miscellaneous fees that lenders routinely charge, which automatically saves money on buyer closing costs.
Faster Possession.Because buyers and sellers aren’t waiting on a lender to process the financing, buyers can close faster and get buyer possession earlier over a conventional loan transaction.

Is owner financing a good idea for the buyer?

Is owner financing a good idea? It can be a good idea when both parties are confident that the buyer is able to make all the payments, including the balloon payment. Both should also have a real estate attorney and potentially a tax accountant review the paperwork before signing.

How does owner financing work in Florida?

In an owner financing transaction, the seller carries all or part of the purchase price minus the down payment. Florida owner financing, also referred to as creative financing or seller financing, tends to become more frequent when lenders tighten up their lending requirements.

What does seller financing available mean?

An AFS allows a Buyer to purchase property without the need to qualify for bank financing. The Buyer looks to the Seller to provide the financing and, in the result, essentially negotiates the terms of that financing with the Seller.

What does owner carry terms mean?

For one, buying a home for sale under Owner Carry terms means the current property owner finances part or all of the sale, usually through a second mortgage, although sometimes the owner will carry the entire loan.