“Owner Financing” Guide - With Garfield Logan Law Attorney - PowerPoint PPT Presentation

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“Owner Financing” Guide - With Garfield Logan Law Attorney

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Garfield Logan Law has expertise in solving legal issue regarding Owner financing. – PowerPoint PPT presentation

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Title: “Owner Financing” Guide - With Garfield Logan Law Attorney


1
Owner Financing Guide - With Garfield Logan Law
Attorney
  • https//www.garfieldloganlaw.com/

2
What is owner Financing?
  • The owner financing - when a property dealer
    finances the purchase straightaway with the
    person or entity seeking to buy it.
  • Owner financing can also be referred to as
    seller financing or creative financing.
  • Garfield Logan Law has expertise in solving legal
    issue regarding Owner financing.
  • Lets go through brief information...
  • https//www.garfieldloganlaw.com/

3
Owner financing goes by many names.
  • Various names
  • Owner financing
  • Owner carried financing
  • Seller financing
  • Owner will carry (OWC)
  • Owner carryback
  • Terms of owner financing
  • Down Payment
  • Loan Amortization
  • Balloon Payment
  • https//www.garfieldloganlaw.com/
  • https//www.garfieldloganlaw.com/

4
Typical Owner Financing Documents
  • Promissory notes are not difficult to understand.
    They are your promise to repay the debt. A
    promissory note will specify
  • Amount of debt
  • Term of repayment
  • Interest rate
  • The repayment schedule
  • How payments are made (i.e whether they are
    monthly, quarterly, etc.),
  • Payment amount and whether it is principal and
    interest or takes another form
  • Whether a balloon payment is involved and what
    those specifics are
  • https//www.garfieldloganlaw.com/

5
Garfield Logan Attorney can help
  • Owner financing options
  • Deed of Trust
  • Contract for deed
  • Lease Purchase Agreement
  • Rent to own
  • There are several types of seller financing
    options which may be used by buyers who fail to
    qualify for bank loans. They may be exercised for
    purchasing a property of their choice and within
    their budget.
  • https//www.garfieldloganlaw.com/

6
Contact us
  • Phone 949-489-1251
  • Fax 949-489-1257
  • Email andrea_at_loganlawalc.com
  • Facebook https//www.facebook.com/pg/Garfield.Log
    an.Attorney/about/
  • Website https//www.garfieldloganlaw.com/
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