Archive for the ‘Personal Finance’ Category

How does home owner financing work?

Hi, I am intend to sell my home and have about $70-$90,000 in equity. I want to finance 10%. How does it work? I ask one of my realtors. he told me that I must have the 10% in cash or get a equity credit line and give that money to the lenders at the [...]

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How does owner financing affect your credit oppose to financing your home through a bank?

I bought my house by financing through the owner (Owner financing) because my credit was not great. I have never had anything repossesed or any major credit problems. Yet my credit is not all that great. I am wondering if it has to do with not financing my house through a mortgage company.By: GordoAbout the [...]

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