Alternative Paths to Homeownership - Seller Financed, Owner-Will-Carry, Lease-Option Homes are Available Now!
By Bandele Oguntomilade, Top REALTOR, Your Woodland Hills Real Estate Agent 818-825-6996
(Bogun Realty and Luxury Homes)
Many Americans in these challenging times are now seeking viable alternative paths to homeownership. "Seller financed homes", "owner-will-carry" and "lease-options" certainly offer alternative paths for homeownership during these difficult times. With the high rate of foreclosures and even higher short sales, a lot of prior homeowners who may have missed some payments may doubt their ability to acquire a new home using conventional financing. Additionally, with the high rate of job losses, reduced work hours, furloughs, and other reduction in household income, many doubt their ability to obtain a home through traditional forms of financing. Despite these challenges, the desire to own a home versus renting a home is still a very strong desire amongst would-be home buyers. These eco...