Flexible Arrangements
Owner Financing & Rental Options
Beyond a conventional purchase, the residence is available through several flexible arrangements. Each is structured individually with the listing agent.
Owner Financing
Owner financing, also known as seller financing, allows a qualified buyer to purchase the residence with the seller extending credit directly, in place of a traditional bank mortgage. The buyer makes a down payment and pays the balance in regular installments under terms agreed upon between the parties.
The structure can offer a faster, more flexible closing and is well suited to buyers who prefer to negotiate terms directly. Price, down payment, interest rate, and term are established individually. Both parties are advised to engage their own counsel.
Lease | Rent
For those not seeking to purchase immediately, the residence is also available to lease. A standard lease offers the home fully on a term basis, with rate and length agreed in advance.
A lease-option arrangement can also be considered, allowing a tenant to rent the residence for a set period with the option to purchase at a later date. Terms are arranged individually with the listing agent.
Inquire
For More Information
Eric Margolis
United Realty Group