Thursday, September 17, 2009

Owner Financing

I think owner financing is a great option for people that can not afford to get a traditional mortgage. Homeowner will have quick, financing to help families, who cannot immediately qualify for a conventional mortgage, buy a home. When a homeowner work on cleaning up their credit and establish a solid 12-24 month payment history. The owner financing primary method of this short-term financing is provided by a lease with purchase option.They eventually be able to quantified for a mortgage the will give them the capability to finance their property with a mortgage. This is the best way fit for home buyer to become homeowner to establish a solid 12-24-month payment history. The focus primary method of this short-term financing is provided by a lease with purchase option. The homeowner of owner financing is well qualified by most bank and lenders they understand this method. Now due to the crashing of the housing market. The housing market it hard to get a conventional loan and their is a void housing for homeowner to buy a house due to creative way of homeowner financing many people that could not afford a home now they can with homeowner financing options. I think this method is the best option for future homeowner.


Mark Hamilton



http://www.financeitright.com

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