Category: owner-financing

Trying to calculate an owner financing mortgage payment for an Elkview, WV, house? Start with the proposed numbers and the payment schedule. A monthly amount by itself won’t tell you what you’re borrowing, what it costs or when the remaining balance is due. Here’s a simple way to work through the calculation and the questions … Continued

Considering owner financing for a house in Charleston or elsewhere in West Virginia? It’s worth slowing down long enough to understand what each person is agreeing to. The monthly payment is one part of a much bigger arrangement. Owner financing means the seller provides financing for the purchase. That label alone doesn’t explain when ownership … Continued