To purchase an owner finance home, you will need a down payment and the ability to make the required monthly payments for the term of the owner financing. When you find a property you like, we’ll let you know what both the down payment and monthly payment are.
The first step is to tell us what you are looking for. Once we have your information, we’ll send you homes that meet your criteria. We’ll also send you upcoming homes for you to look at as well. When you see a home you like and are ready to move forward, we’ll send you an application. At this time, you’ll know the Down payment required, the term of the financing, and the home’s monthly payment. Before move-in, you’ll be required to make your down payment. This entire process typically occurs with 7-12 days for most of our clients.
Most of our homes come with owner financing for a period of 3-5 years. That is normally plenty of time for you to be able to qualify for conventional financing with your preferred bank. We also help clients repair and even build their credit score, making it easier to qualify for a conventional loan.
Most of the time, the home does not include furniture. If a home does come with furnishings, we’ll let you know up front. Homes typically come with appliances, including stove, oven, refrigerator. Sometimes, our homes will come with a washer & dryer.
Most of our clients move into their home within 7-12 days of working with us.