Seller financing offers advantages to both sellers and buyers.  Sellers have an opportunity to widen the pool of potential buyers, and buyers have an opportunity for homeownership even if they are unable to obtain a mortgage through conventional channels.  But seller financing can be risky unless structured with some protections in place.  Learn about the various forms of seller financing - such as seller carry-back, lease options, installment sales - and what risks to avoid in this NEW Field Guide. REALTORS® score a win on seller financing, (The Wall Street Journal, June 23, 2010). In buyer's market, seller-financing might suit owner getting few offers, (The Washington Post, June 10, 2010). Seller as lender, (New York Times, Mar. 24, 2010). How I sold it: an uphill battle, (REALTOR® Magazine, Feb. 2010). How I sold it: tapping creative financing, (REALTOR® Magazine, Oct. 2009). Homes for sale: owner financing catching on in Miss., (Hattiesburg American, Aug. 30, 2009). The wisdom of seller financing, (The Wall Street Journal, Aug. 28, 2009). Seller financing may be worth exploring, (REALTOR® Magazine, Dec. 2008). Seller financing becomes popular alternative, (Minneapolis Star-Tribune, Sept. 29, 2008). Work smart: helping buyers through tough terrain, (REALTOR® Magazine, Aug. 2008).

Related articles

• Top 3 Benefits of Working With a Real Estate Agent (visionaryrealtynews.com)
• Mortgages: When Sellers Become Lenders (nytimes.com)

Filed under: Buying, Commentary, Current Events, Making Home Affordable, VRN