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What Is Seller Financing?
Seller financing is when a seller agrees to finance the purchase of their property by the buyer. The seller agrees to hold the note for the buyer, and the buyer agrees to make monthly payments to the seller until the note is paid off.
Published: Sep 8, 2024
Updated: Aug 20, 2024
This FAQ is for informational purposes only and does not constitute legal advice. We make no representations or warranties about this FAQ's completeness, accuracy, reliability, or suitability. Each legal situation is unique; consult an attorney for personalized guidance.