What Is Owner Financing?

Simply put, owner financing is when the seller provides all or partial financing for a home. This differs from the more conventional way of getting a mortgage through a bank or other institution. Some owner financed homes are financed through both the seller and a bank - it all depends on who's selling the house, and why they've chosen to put their house on the market in this way.

What Is Owner Financing? Who Does It?

Sellers sell with Owner Financing because over 50% of Americans cant qualify for a mortgage or one with a decent rate. Owner Finance buyers are usually self employed, have had credit issues in the past or are investors who know it is a smart way to buy. They have steady income, a good down payment and ready to move!

What Is Owner Financing? A Smart Way To Buy A Home

The real estate world is filled with all sorts of terminology, insider-talk and buying a home can feel like smashing head-on into Real Estate 101. But, then again, that's what we're here for - to help you understand the world of owner financing and how you can benefit. Check out our blog below for expert opinions and insider know-how on all the best ways to use owner financing to your advantage.

Keep Central Austin Weird

Who says South Austin has the racket on Keeping Austin Weird. Central Austin offers its own blend of uniquely good times and amazing owner financed homes.  We’ll give you suggestions on where to have fun and find you an awesome home with owner financing near the fun you seek.

Need something to do on a Sunday afternoon and are the gambling type?  Head on over to Ginny’s Longhorn Saloon (5434 Burnet Rd Austin, TX 78756)…

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Houses Financed By Owner – Can Be A Safe Way to Purchase

 Houses Financed By Owner – Can Be A Safe Way to Purchase

You understand how Owner Finance works, yet you are concerned.  You have heard of buyers losing their hard earned money and facing foreclosure in Austin TX because their seller didn’t use their payments to pay the mortgage?  It can happen if you mistakenly get entangled with an unscrupulous person.

The simple way to protect your financial investment in your Owner Financed home is…

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Definition of an Austin Owner Finance Expert

Expert for Your Owner Financed Homes in Austin

Webster’s Defines Expert as:

A person with a high degree of skill in or knowledge of a certain subject.

And

Having, involving, or demonstrating great skill, dexterity, or knowledge as the result of...

His Cathedral is taken, Your Castle is waiting

What would you name 60 tons of junk artfully combined to create a structure that will astonish you? Im talking lawnmower wheels, car bumpers, kitchen utensils, ladders, cables, bottles, circuit boards, bicycle parts, brick-a-brack, and a lot of other cool gadgets. The name that has been given to the South Austin masterpiece is Cathedral of Junk, 4422 Lareina Dr., Austin, TX. It is one of the great attractions that makes South Austin real estate a…

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Swim, Splash or have a Wheelie Good Time in South Austin

Ahhh, average temperature in December in Austin TX is 62 degrees. We have to remember that in the middle of summer when we have had thirty plus days of triple digit oppressive heat. Either way, living in South Austin you have plenty of fun activities to do outside to cool off or just enjoy the weather when it is beautiful.

Stacy Park and Wading Pool 700 E Live Oak St Austin, TX 78704 is open…

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South Austin Food Truck Love

Long gone is the idea of a “roach coach”. Today’s food trailers are a new tasty twist on a construction site staple. South Austin is home to many unique, terrific trailer options for lunch, dinner or even linner…you know, the meal between lunch and dinner!

One stop grazing from appetizers, meal to yum yum dessert can be found at South Austin Trailer Park & Eatery located at 1311 S 1st St in the 78704. Plenty…

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How to Owner Finance a Home, Down Payment and Closing Costs

How to Owner Finance a Home in Austin

What kind of home are you shopping for today? A home in your child’s school district, a home close to work or your dream luxury home in Austin? All come with easy math on how much cash you need to know on how to owner finance a home.

10% down payment of house sales price and appx 1.25% of sales price for closing costs. That is buyers…

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Homes For Sale Financed By Owner

Homes For Sale Financed By Owner

You want a particular school district? Double ovens? Swimming Pool? Guest quarters on the other side of the house? You name the specifics of your dream home and we will help you find it!  

Take a look at our listings of homes for sale financed by owner by clicking on one of the many links on our menu.  You can do a custom search or if you find…

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Houses Financed by Owner create Tax Benefits for Buyer

Purchasing Houses Financed by Owner save buyers a lot in taxes!

When buying your own home, most of the expenses are not tax deductible. But there is one exception that is worth finding.

The IRS says you can deduct interest in the year that it is paid, and that is usually part of each monthly loan payment. In addition, if the day you purchase is on any day other than the first of the month,…

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Homes for Sale Financed by Owner is a GREAT way to Buy a Home Today

Homes for Sale Financed by Owner treat you like a PERSON not a stack of documents, .

When you choose Trolly Team to help you buy an owner financed home in Austin – the seller on the transaction is the one who pays us the commission that we earn.

Part of the service we provide is free evaluation of your current financial situation and forecast what your credit future looks like.  We have a…

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What Is Escrow?

Escrow opens when the buyer and seller sign a sales contract, commonly called a real estate purchase agreement and receipt of deposit. The contract, along with any additional instructions, serves as instructions for the escrow officer.

Escrow assures that the lender releases the home purchase funds at or about the same time that the deed is recorded to reflect new ownership.  Escrow includes depositing, with a neutral third party, funds, documents and instructions necessary to…

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