X

Was your housing market one of the 24 where relative home affordability improved in 4Q24? Check out our updated Home Affordability Study to find out!

Was your housing market one of the 24 where relative home affordability improved in 4Q24? Check out our updated Home Affordability Study to find out!

How do you feel about owner financing?

There's nothing wrong with owner financing -- lots of people do it every year --but the key is to have an attorney who knows about real estate transactions to make sure that all of the paperwork -- the loan contracts, disclosures, and recording at the county level -- is in order. The attorney can also help you with the payment schedule and disclosures and such.

Ask the expert
Keith Gumbinger
Keith Gumbinger
Mortgage Expert
Vice President, HSH.com
About Keith: Mortgage market observer and analyst with 35 years experience... (more)
Please enter a question.
Please enter name.
Please enter email.
Captcha code invalid
Q: Will I pay an ACA/ObamaCare tax when I sell my home?
JAN 17, 2025
A:

Some homeowners will pay this 3.8 percent tax when they sell their homes, but only if they meet certain conditions.

Read More
Q: What loan amount does a mortgage need to be for it to be considered a Jumbo Loan?
DEC 02, 2024
A:

This question used to have a simple answer, since there was a "bright line" definition -- the conforming loan limit....

Read More
Q: How best to consolidate credit card debt?
SEP 24, 2024
A:

A lower-cost alternative might be to obtain a home equity line of credit or even an HECM.

Read More
Add to Homescreen?
X
X
Install this web app on your phone :tap and then Add to homescreen