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_owner financing agreement

Owner Financing Agreement<br><br>An owner financing agreement is a legally binding contract between a property seller and buyer in which the seller provides financing directly to the buyer instead of requiring a traditional mortgage through a bank or lending institution. In this arrangement, the buyer agrees to pay the purchase price over time through installments, typically including principal and interest, until the full amount is repaid.<br><br>The agreement usually outlines key details such as:<br><br>Purchase price and down payment amount<br><br>Interest rate and repayment schedule<br><br>Security instrument (promisso

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_owner financing agreement

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