Owner Finance Strategies

Grant Trevithick talks about the difficulties of the mortgage application process

July 23, 2020

There are a lot of good people who have had bad things happen to them over the course of their life, however, this shouldn’t prevent them from owning a piece of the American dream.

As Grant Trevithick has decades of experience dealing with people from every walk of life, he understands that the biggest obstacle for most people is being able to walk into a bank and to get a loan because of a past credit issue.

With Owner Financing (seller finance) the options become realistic. In essence, the home-buyer is purchasing it from the owner (you) and agrees to the interest and terms of purchase. This allows for a fair deal all the way around, because unlike rental property the home purchaser is responsible for the repair and upkeep of the home, after the term they will own it. Also if by chance they default on the loan then the Home Seller can re-finance or sell the home to another purchaser. This helps to create a win-win all the way around.