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

… rates dropped Barron could have gone to the bank to refinance but instead she asked the sellers an elderly couple … monthly payments in fact the longer the better In 2022 she financed a deal with a 30year term instead of the typical … payments he says This process can take a long time in NYC easily a year and involve a bunch of legal fees Thats …

By Jennifer White Karp |December 29, 2023 - 3:30PM
How does a debt-to-income ratio affect your mortgage rate?

… … Impact of DTI on buying choices … In New York City coop boards have their own DTI requirements for buyers usually 22 to 24 percent Coops are usually stricter than banks when looking at DTI … approval says Ryan Greer senior vice president at National Cooperative Bank a Brick Underground sponsor Put another …

By Emily Myers |May 30, 2023 - 10:00AM