In Memory Of

Our thoughts and prayers go out to the family and friends of Dustin Ramsay. We at Carolina Casket Sales will keep them in our prayers during this time of bereavement and tragic loss of Dustin of only 18 years.

Own Your Home, Without A Loan

Asking a seller to give you owner financing to buy a home can be a tricky proposition. That's partly because if you ask the listing agent if the owner will carry some or all of the financing, the agent probably doesn't know. Why? The agent never asked.
If you ask the seller directly, the seller is likely to say no. Sellers often reject the suggestion of owner financing because nobody has explained the benefits or proposed owner financing as a way to sell the home. Most sellers don't sell a home every day. Their knowledge is limited to conventional practices where the buyer goes to the bank to get a mortgage.

However, for a seller whose home isn't selling or when traditional lender guidelines are tightened, owner financing suddenly becomes very popular. Owner financing is definitely a viable option in buyer's or seller's markets.

What is Owner Financing?

When part or all of the purchase price, less the buyer's down payment, is carried by the seller, the seller is providing owner financing. It doesn't even matter if the property has an existing loan. Instead of going to the bank, the buyer gives a financing instrument to the seller as evidence of the loan and makes payments to the seller.

Call Ricky @ (910) 740-9100 for more info. if you'd like to buy your own home or if you can't sell your present home or property.