It usually means you will either pay for it cash or get a loan for the house
When the owner carries the paper that means that the owner will finance the deal. The owner becomes the mortgage company.
I presume owner carry homes are kind of apartments so you can get equity line of credit .
Mortgage companies typically offer owner finance agreements. This is because not many people can afford to hand out $100,000 plus at the time of signing for a home. It is necessary to finance a customer over a period of time. They generally do this to gather interest and make a profit.
Zzfg
what does 'CACS' mean in finance
When the owner carries the paper that means that the owner will finance the deal. The owner becomes the mortgage company.
This is your decision. If the vehicles are financed then the finance agreement you have with the bank or finance company will require that you carry physical damage coverage. If the vehicles are paid for and not financed then the decision is completely up to the owner of the business. The owner will have to weigh the risk of loss versus the premium to carry physical damage coverage.
how do you say the owner will also finance
how do you find out if the owner still owe a finance company on the car you are buying?
go to youownerfinance.com
sources of finance is where a business can get money from. there are two types where money can be found internal and external. internal are things like the owner's capital and external are things like loans.
Kushpal singh
Transfer an existing loan if buyer qualifies.
I presume owner carry homes are kind of apartments so you can get equity line of credit .
Mortgage companies typically offer owner finance agreements. This is because not many people can afford to hand out $100,000 plus at the time of signing for a home. It is necessary to finance a customer over a period of time. They generally do this to gather interest and make a profit.
Yes, it belongs to the land and not the owner.
Before that, you have to know what is outstanding finance. It does not belong to you. It belongs to the owner of the vehicle. So, buying or selling a car having outstanding finance is unlawful anywhere.