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Creative Finace Explained

At SimpliHomes we provide flexible and creative options for buying and selling homes. Including Seller Finance and Subject To Loans.

Seller Finance

With a seller-financed sale of a home, the buyer purchases directly from the seller and both parties negotiate the terms.  The terms include:

  • Purchase Price

  • Down Payment

  • Monthly Payment

  • Interest Rate

  • Loan Period

  • Balloon Payment - the final amount due on a loan at the end of the loan period


In a Subject-to transaction the buyer takes over the existing mortgage of a property from the seller. The buyer becomes responsible for making the mortgage payments, but the mortgage remains in the seller's name.

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