Most of us are familiar with the concept of renting-to-own, but the term “Owner Financed Houses” is less familiar to most of us. Is this for sale by owner where the owner bypasses a realtor but still requires a traditional bank mortgage? Is this a mortgage in which a home owner provides financing? The truth it’s neither, though it is closer to a home where owner provides financing.

The better explanation is:

“Owner financing is when a landlord agrees to lease a home to a tenant and the tenant has an option to buy the home for a pre-negotiated price before the end of the lease. The primary components of an owner financing agreement are the rental term, the purchase price, the upfront deposit, and the monthly rent credit.”

At OwnerFinancingListings.com they have put together a large listing of homes that are available all over the United States. These homes are considered great Affordable Housing Options for the buyer. Their website is easy to use, just pick the area you are looking, price range, how many bedrooms and bathrooms. Then let OwnerFinancingListings.com do the rest. They will display all their available homes in just a few seconds and yes with pictures too. So if buying a home is in your future, you should take the time to check them out.