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It also offers financing and insurance services to homebuyers. It operates in Arizona, California, Nevada, Washington, Colorado, Texas, the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. [1] The company is the 18th largest home construction company in the United States based on the number of homes closed. [2]
Owner financing — also known as creative financing, a purchase money mortgage or seller financing —is an arrangement in which the home seller provides some or all of the financing directly to ...
Seller financing contracts are subject to fewer consumer protections than mortgage loans in most states. While seller financing can provide a unique way for people with low credit scores to obtain a path to home ownership, they are considered predatory by groups such as the Center for American Progress. In addition, some investment firms have ...
In real estate, creative financing is non-traditional or uncommon means of buying land or property. The goal of creative financing is generally to purchase, or finance a property, with the buyer/investor using as little of his own money as possible, otherwise known as leveraging. Using these techniques an investor may be able to purchase ...
Lisa Labelle discovered a lot up for sale with the perfect view of the Lincoln County Hills in North Carolina and decided to buy it — hiring a construction group to build her a $429,580 home.
A no-down payment mortgage is a home loan that allows you to finance 100 percent of the home’s purchase price without having to put any money down at closing. Zero-down mortgages can be ...
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