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With the massive recession of 2008 to 2009 in full swing, credit markets have dried up. Because of this, many of us have had to resort to creative forms of financing, one of which is the classic transaction known as a sale-leaseback. You will have to pay a loan origination fee to your lender to cover the cost and work involved in preparing your mortgage loan. There are no deposits involved unless you are buying a new property, but if either the buyer or the seller pulls out from here on, they are liable for any losses the other party may have incurred.
We are authorized to offer a wide selection of purchase loans that you may not find elsewhere, contact us today for a no-cost consultation. Buying a house can be an exciting and emotional process. It’s no wonder that the impact of buying a house or repaying a …