Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. Key takeaways FSBO is an acronym that stands for For Sale By
Key takeaways Owner financing is an arrangement in which a homeowner or seller, rather than a bank or mortgage lender, extends credit to a buyer, making the purchase possible. Owner financing agreements can be structured in a number of ways, including as a second mortgage, a rent-to-own contract or a wraparound loan. Owner financing tends