Posted by: Roby Robertson | January 21, 2009

Lake Norman Real Estate;Seller Financing Opportunities Abound

Lake Norman Seller Financing

Here is a brief description of seller financing:

The seller to “take back” a mortgage on the house. You, the buyer, sign both a promissory note (promising to repay the loan) and either a mortgage or a deed of trust (allowing the seller to foreclose if you fail to pay). In return, the seller signs a deed transferring title to you. Because you hold the title, you can sell the house or refinance. But you must keep making the agreed-upon payments to the seller.

There is a second type of seller financing but I don’t recommend it. In this type the seller does not transfer the title to you, ‘the buyer’.

Below is the list of Lake Norman Homes that offer some form of Seller or Owner Financing.

List of Lake Norman Seller Financing Homes  List Expires 2/20/2009

If you need any questions answered about these homes or homes around Charlotte offering this type of financing please contact your Lake Norman and Charlotte area agent at 704 451 7051 or by email!

See Also:

Be The First To See Lake Norman Hot New Listings as soon as they become available.

What would my Lake Norman Home Sell For?

Lake Norman Area No Hassle Buyer Program

Roby Robertson


Saving My Clients Thousands



Real Living In Style
Davidson NC


Ph: 704 451 7051
Fax: 704 892 9766

Committed to Saving My Clients Thousands When Buying and Selling Real Estate


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