Minnesota Real Estate Investors Association, Inc.

Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get a sizable return on the investment. And buyers may benefit from less stringent qualifying and down payment requirements, more flexible rates, and better loan terms on a home that otherwise might be out of reach.

We will learn how to structure Seller Financing terms, the different types of Seller Financing and how to Negotiate Seller Financing.

• Contract for Deeds
• Lease Options
• Seller Carry Back Notes
• How to use a Financial Calculator
• How to Create a Loan Amortization Schedule

In seller financing, the seller takes on the role of the lender. Instead of giving cash to the buyer, the seller extends enough credit to the buyer for the purchase price of the home, minus any down payment.

Seller financing can be done in many different ways and with multiple options in the same transaction.  The most common form of seller financing is with a Contract For Deed, but there are many alternative options available, including lease options and we will discuss all of them.