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A buyer explains an owner financing agreement to a homeowner at his kitchen table.
13 min read

Owner Financing a House in Michigan: How It Actually Works

Owner financing a house means you become the lender. The buyer pays you directly over an agreed term instead of handing you a bank’s money at closing, and you hold a promissory note secured by the property. Done well it can widen your pool of buyers and spread the tax hit across years. Done casually […]

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