Frequently Asked Questions

General questions about our company, service, and properties we offer on this website: 

  • What does “Owner Financed” actually mean?
  • What is the process to buy an owner financed home?
  • Do appliances or furniture come with an owner financed home?
  • What if I have bad credit? Can I still get an owner financed home?
  • Is a down payment required on an owner financed home?
  • What are the benefits of an owner financed home?
  • What are the requirements of an owner financed arrangement?

 

What does “Owner Financed” actually mean? 

Most of the time, people use a traditional mortgage to purchase a property. They pay a down payment, the bank loans the remaining amount so the buyer can pay the seller for the house, and then the buyer (the new owner!) pays the amount owing back to the bank.

But with an owner financed property, it’s different. Sometimes people don’t want to get or can’t get a traditional mortgage. They’d prefer to bypass a conventional bank loan and instead work out an arrangement with the seller. Instead of the bank loaning the buyer money, the seller simply accepts payments that pay off the purchase. It’s like spreading out the purchase payments.

We help lots of folks like you to purchase the home of their dreams. It doesn’t matter if you can qualify for a traditional mortgage or not, we sell owner financed houses as a smart, easy way to get into the house of your dreams.

Click on the green button below to get started on your way to home ownership!

 

What is the process to buy an owner financed home?

The process to buy an owner financed home is pretty simple.

Talk to us about the kind of property you want to own, and we’ll show you what properties are available.

When you decide to purchase a property, we’ll help you figure out the financing. Sometimes you may choose to purchase through a traditional bank loan but if you don’t want to or can’t qualify then we will work with you to put together an owner financing agreement.

  • Your name will be on the title
  • You’ll own the house
  • … you just make payments to us instead of to the bank

It’s so simple!

Once everything is completed you’re in the beautiful home that YOU own!

First step – sign up to find great properties in Corpus Christi and surrounding area just by clicking the green button below.

Sign up and get started now!

 

Do appliances or furniture come with an owner financed home?

Most of the time, furniture isn’t included in these homes.

Generally, the basic appliances are there – like a refrigerator, stove, oven, and sometimes extras, like a dishwasher, a washer and a dryer. Parts of a property that are installed or attached – like the heating system and air conditioning – are definitely included.

In our experience, most buyers want to bring their own stuff with them from their previous home. After all, you’re moving into YOUR home and you’ll want YOUR furniture in there!

So don’t wait! Click on the green button on the bottom of this page to get moving forward on your next home!

 

What if I have bad credit? Can I still get an owner financed home?

Yes you can! Many people with bad credit can still get an owner financed home. In fact, owner financed homes are perfect for people with bad credit or no credit.

Every situation is different, of course, but we specialize in helping people who have been through tough circumstances (or just made mistakes in the past) to repair their credit and get started on the path to a great financial future.

Even if your credit is bad, you can still own a property!

One of the major benefits of an owner financed scenario is that it gives you time to repair your credit while still enjoying the benefits of living in your own home.

So click the green button at the bottom of this page now and get your piece of the American dream!

 

What are the benefits of an owner financed home?

There are a lot of benefits of an owner financed agreement!

In the Corpus Christi and surrounding area, lots of smart people are purchasing owner financed homes as a way to get the home of their dreams without having to qualify for a bank loan.

In the past few years, banks have been very tight on their lending criteria so many people may not be able to qualify.

Here are a few more reasons to buy an owner financed home:

  • Your name is on the title! Unlike other types of purchases, your name is on the title — it’s your house!
  • Own without great credit. You can start feeling like a homeowner right away. There’s no delay like with renting.
  • Move in fast. Since you don’t have to wait for a mortgage, you can often move in right away – and get started living a new life in the home of your dreams!

So don’t wait! Get started now by clicking the green button at the bottom of this page.

 

Is a down payment required on an owner financed home?

Yes,a down payment is required-just like with a conventional mortgage; usually, we require a minimum down payment of 10% to buy an owner financed property, but if you don’t have the entire down payment to begin with we can create a second mortgage to finance the balance of the down payment for a short time- usually one year- to help you go ahead and get into your new home right away!

We’ve been doing this for a long time so we know that there are many ways to structure the agreement, and we can help you find the perfect scenario to meet your needs. We’ll work with you to figure out what’s best in terms of down payment, regular monthly payments, etc.

So don’t wait! Get started now by clicking the green button at the bottom of this page.

 

What are the requirements of an owner finance arrangement?

We know that every person, family and situation is different.

We do our best to find creative solutions in order to help you own the home of your dreams.

Once you’ve had a chance to check out our available properties to get a sense of what kind of house you’d like to own, you can work with us to pick out the exact house you want and what the structure of the agreement will be.

And don’t worry about your credit: people with bad credit, no credit, limited cash available, and other financial situations have all been able to purchase their perfect piece of real estate.

We love helping great folks to reach their dreams, so don’t be afraid – click on the green button below to get started!

See Available Corpus Christi (and surrounding area) Owner Financed Homes >