B&b Buy Here Pay Here Access
: You make your "mortgage" payments directly to the former owner rather than a financial institution.
: If a buyer can only get a bank loan for 70% of the price, the seller might "hold a note" for the remaining 30%. b&b buy here pay here
: Many seller-financed deals are short-term (e.g., 5 years). At the end of the term, a "balloon payment" for the remaining balance is due, usually requiring the buyer to refinance with a bank at that point. : You make your "mortgage" payments directly to