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2. Seller financing - Wikipedia

   en.wikipedia.org/wiki/Seller_financing

   When used in the context of residential real estate, it is also called "bond-for-title" or "owner financing." [ 1 ] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate , until the loan is fully repaid.

3. Personal contract purchase - Wikipedia

   en.wikipedia.org/wiki/Personal_contract_purchase

   If the owner defaults on the payments, the finance company has the legal right to repossess the vehicle. At the end of the agreement, the customer either pays the balloon payment and takes full ownership of the vehicle, or the vehicle is returned to the finance company without any further liability. [1]

4. Owner financing: What it is and how it works - AOL

   www.aol.com/finance/owner-financing-works...

   If a buyer fails to repay the owner financing, the recourse for a seller depends on the agreement. In a rent-to-own arrangement, for example, the seller might be able to start the eviction process.

5. Rent-to-own - Wikipedia

   en.wikipedia.org/wiki/Rent-to-own

   Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

6. Loan agreement - Wikipedia

   en.wikipedia.org/wiki/Loan_agreement

   For commercial banks and large finance companies, "loan agreements" are usually not categorized although "loan portfolios" are often broadly characterized into "personal" and "commercial" loans while the "commercial" category is then subdivided into "industrial" and "commercial real estate" loans.

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