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Posts Tagged ‘Comeback’

If you are selling your home and your existing mortgage is already paid off, and you don’t require the proceeds of the sale all at once, then you may consider financing the sale yourself. Unlike when investing in a fluctuating market, holding the loan on a mortgage assures you of a predetermined interest rate. Now that banks have started tightening their lending criteria, some prospective homeowners are finding it more difficult to obtaining mortgages and seller financing solves the Read More