Investopedia defines Seller Financing as a "type of real estate agreement that allows the buyer to pay the seller in installments rather than using a traditional mortgage from a bank, credit union or other financial institution". In other words, instead of a traditional lender (think Rocket Mortgage, CHASE, Wells Fargo, etc) lending you money for your home purchase, AD Homes will act as the lender and provide the financing. Just like in a normal transaction, you'll wire your down payment to escrow and AD Homes will "lend the rest". See a quick example below!
**Figures above are for demonstration purposes only and does not include closing cost, commissions, and/or fees. Actual offer and numbers may vary.
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Address : 1113 Ames Ave. Ocean Springs MS,
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