This is Terry O-Media.

How does seller financing work in a home sale?

I mean you've heard about seller financing.

Sounds like a good deal, but how does it work?

Well, I'm about to show you right now.

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Here's Matt.

You're in the market for a new home or that next investment property,

but you're having trouble qualifying for that loan with your bank, seller financing is an alternative that can keep your acquisition in play.

Keep in mind, however, that not all sellers will be willing or able to provide direct financing to you,

but it can be an excellent way to buy a property

while also simplifying the closing process.

That said, seller finance homes can be complex and will necessitate a written agreement, just like all real estate transactions.

So it's important to understand the process before signing on the dotted line.

So I'm going to walk you through how seller financing works, how it can help you as a buyer or a seller, and how to structure a seller finance deal.

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