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When you sell real estate with owner financing, the most important ongoing task you need to oversee is getting paid. Make no mistake, when you sell a property with seller financing, you are forming a long-term relationship with that borrower, and any good relationship takes effort to manage (some more than others). If you want to avoid tension with your borrowers, you need to be clear with them about a few things, When to pay How to pay How frequently to pay How much to pay Who to contact if…

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When you apply for a loan, whether a mortgage, car loan or personal loan, lenders often require proof of income to assess your ability to repay the loan.

People making offers on residential property are usually required to provide the seller with proof of funds. If you are financing a home, you have to prove that you have funds for the down payment and closing costs. Cash buyers have to prove that they have funds to pay for the entire purchase.

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