Grant Trevithick Pro Tip - Steps to buying an Owner Financed Home
Grant Trevithick Carrollton Real Estate Investor here with another pro tip. If you are looking to live in the Dallas, Tarrant, Collin, Denton, or Grayson counties you might want to consider looking for a home that is being sold using creative financing, we call it owner financing .You may be surprised at what a good fit it could be. Wouldn’t it be great if buying a home were as simple as it is in a game of Monopoly? All you’d have to do is find a desirable neighborhood, hand the bank a few bucks, and you’d receive a house. Of course, the home-buying process is a bit more complicated in real life (especially for first-time home buyers), but it’s not impossible. To point you in the right direction, we’ve prepared a road map of the home-buying process using an alternative to the traditional home buying process. Owner (creative) Financing . From choosing the right professionals to signing that final contract, here are the typical steps you need to be aware of. Step 1. Owner Finance Compan...