How to Buy a Home with Seller Financing

A Strategic Playbook for Smart Buyers

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Seller financing lets you bypass banks, avoid credit checks, and negotiate directly with the seller — often leading to lower down payments, flexible terms, and faster closings. But success depends on knowing the language of the deal: terms, yield, amortization, balloon notes, and wraps. This guide gives you the knowledge and structure to close win-win deals.

What Is Seller Financing?

Instead of a bank, the seller acts as the lender. You make monthly payments directly to them, often with a small down payment and flexible terms. This works well for:

 

  • Buyers who can’t qualify for traditional loans
  • Investors wanting multiple properties
  • Anyone seeking creative deal structures

 

How to Find Deals

Target sellers who:

 

  • Own free-and-clear properties
  • Are tired landlords or in distress
  • Prefer steady income over a lump sum
  • Sell FSBO and are open to creative terms

 

Pro tip: use public records or tools like PropStream to find free-and-clear homes.

 

How to Structure the Offer

Typical terms include:

 

  • Down payment: 5–10%
  • Interest: 4–6%
  • Term: 5–10 years with a balloon
  • 30-year amortization to keep payments low

 

This gives sellers monthly income, spreads out taxes, and earns them interest.

 

Legal Must-Knows

  • Always use an attorney or title company
  • Check for due-on-sale clauses
  • Comply with Dodd-Frank and state laws
  • Use proper contracts, notes, and disclosures

 

Inside the Full Playbook (Members Only)

✅ Seller financing scripts & objection handling

✅ Deal calculator & amortization tools

✅ Editable promissory note & contracts

✅ Case studies with real numbers

✅ Legal breakdown of wraps, subject-to, and seconds

✅ How to present deals confidently — even as a beginner

 

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65 Old Solomons Island Rd Annapolis, MD 21041

Questions? Call 443-603-1086

65 Old Solomons Island Rd Annapolis, MD 21041

Questions? Call 443-603-1086