This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Buyers are getting home loans from an unlikely source: the seller of their house

Real-estate professionals are reporting that they are increasingly seeing an interest in seller financing for transactions involving residential properties due to the rise in interest rates.

“The use of seller financing has become strategic in recent months given our current state of the finance markets,” said Daniel Hershkowitz, senior director of risk management for The Agency.

Tags

financing, mortgage, realestate, interestrates