When it comes to buying or selling property in Lake City, Florida, you may have come across the terms “seller financing” and “rent to own”. While they might seem similar at first glance, they’re actually quite different. But is seller financing the same thing as rent to own? Let’s delve into the details and clear […]
Seller Financing, or Rent-to-Own?
If you’re like many people, you’ve heard of both seller financing and “rent-to-own” financing, but do you know the differences between the two? What is Seller Financing? Seller financing, which is also commonly referred to as owner financing, is a loan that the seller provides to the purchaser. Generally, the buyer and seller reach their […]