Owner carry

**Owner Carry**

Owner carry, also known as seller financing, is a flexible financing option in real estate where the property seller acts as the lender and allows the buyer to make payments directly to them instead of a traditional mortgage lender. This arrangement can be beneficial for buyers who may have difficulty obtaining conventional financing and for sellers looking to expand their pool of potential buyers, generate steady income, or sell their property faster. Terms of owner carry agreements, including interest rates, payment schedule, and duration, are typically negotiated between the buyer and seller, offering a customizable alternative to bank loans.