Why buyers like it
- Potentially flexible terms.
- May reduce the need for traditional bank financing.
- Can help bridge a gap between buyer and seller expectations.
Why sellers may consider it
- Income over time.
- Potential tax-timing considerations to discuss with a professional.
- Ability to negotiate price, rate, payment, and security.
Terms that matter
- Down payment.
- Interest rate.
- Monthly payment.
- Amortization.
- Balloon date.
- Security instrument / lien position.
- Default remedies.
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Tell Us About Your DealEducational information only. Deal Support Network does not provide legal, tax, investment, or financial advice. Funding availability and terms depend on the specific transaction and provider.