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Is it possible to have owner financing for a single family home?

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May 07 2013 - Deltona
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Yes, it's possible, but you MUST hire an attorney.
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May 08 2013
Yes it is. They are less common then traditional sales but they are out there. It does come with a few con's. The interest rate will be much higher then a traditional loan. I would suggest if your close to being able to get a loan hold out until that day comes. Traditional financing will open up a lot more options for you. 
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May 08 2013
Sure is.  Usually these homes are sold for more money to a buyer who could not ordinarily qualify for traditional financing.  More risk for the seller/owner who is financing with the possibility of higher reward.
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May 07 2013
If the owner wants to finance....yes
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May 07 2013
 
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