Ways to Finance a Home Purchase One of the more obscure fields on MLS lists the various kinds of financing the Seller will accept, or may be available to buy the home. So, it’s typical to see “Conventional” (federally guaranteed mortgages under $417k), “FHA,” “DVA” (Department of Veteran Affairs), and “Jumbo” (loans over $417k) —...Read More
More Seller Financing — & More Flexible Terms Sellers Terms: Cash, Contract for Deed, Contract/Deed w/Assumption, Conventional, DVA, FHA –MLS listing I’m seeing lots more listings like the one above. If you don’t speak “Realtor,” here’s a quick glossary: Contract for deed: Buyer makes monthly payments to the Seller, who retains title; title transfers when...Read More
