Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

… The concept of a seller loaning a buyer the money to buy their property may strike you as impossible or strange but New York City brokers say it is neither Instead seller financing a rare yet creative way … NYC easily a year and involve a bunch of legal fees Thats why the down payment needs to be substantial enough to make …

By Jennifer White Karp |December 29, 2023 - 3:30PM
How do you qualify for a jumbo loan in NYC?

… New York jumbo loans arent just for luxury properties Many buyers have to opt for jumbo loans which are mortgages that … debttoincome ratio the percentage of their income that goes toward paying off debts and postclosing liquidity … heard theres a new threshold for this kind of loan in 2024 What exactly has changed and what do I need to do to qualify …

By Alanna Schubach |December 11, 2023 - 9:30AM