Archive for July, 2010
With stricter banking regulations because of fluctuating economic conditions and an unsteady real estate marketplace, real estate sellers today are carrying back private funding to make their property more salable. When an individual seller or broker finances a transaction out of pocket they are acting as the lender. This is beneficial to the process because the buyer doesn’t have to go through a rigorous approval process, which can prove to be very tedious because of the heightened banking standards today.
Filed under: hard money, Real Estate, seller carry back, trust deeds | Leave a Comment
Tags: bad credit loans, buy a loan, fund a loan, private lenders, real estate loan, sell a loan, seller financing, trust deeds
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You are currently browsing the NoteFlo's Blog weblog archives for the month July, 2010.