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Owner Financing

The seller provides financing so that the buyer does not have to go through a bank or traditional sources to obtain funding to purchase the property. The seller does not receive all proceeds at once, as in a traditional closing where the buyer obtains bank financing, but the seller does receive interest in addition to the principal.

See also:
  • Offer
  • Open End Loan
  • Open Listing
  • Option
  • Origination Fee
  • Owner Financing

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