How Does It All Work?
The owner financing process is actually pretty simple.
First, Join our property list and tell us what type of home you’re looking for, your budget, etc (START with the form to the right)
Step 1 – Contact us for detailed information about the home you are interested in and our financing options. You may submit an application at this time if you have already looked at the property and want to speed up the process to help ensure no one else buys the property.
Step 2 – After inspecting the home thoroughly, you will contact your representative to provide any needed documents and to complete your financing application. They will submit your application to our financing department for approval. This is simply to ensure your ability to pay for your protection. Upon approval, you will be required to make a deposit to hold the property and your representative will contact you with the details of your new home purchase.
Step 3 – Once you are approved, the contract process begins and you will be contacted by our title company to arrange for the convenient signing of your documents. During the signing process, you will deliver your down payment along with your ACH payment information which is required for delivery of your monthly payments. The signing of the property removes the home from the market and you may secure the property, remove the signs, and MOVE IN!
Step 4 – You will receive your finalized Real Estate Contract (REC) and purchase & sales agreement at closing from the title company.
Any issues or concerns you have about the condition of the property should be discussed with your representative upon your inspection. All houses are sold “As Is”. This does not mean that there is necessarily anything wrong with the home. It only means that we will not be making any repairs or improvements prior to the sale of the home. We will also not be making any guarantees, or warranties in regard to the condition or livability of the home. We strongly encourage you to inspect your home prior to making a down payment. Down payments are refundable if you do not qualify.