Owner Financing: Be the Bank and Get a Higher Price
If your property is paid off, or you have a lot of equity, you do not have to choose between a quick sale and a fair price. With owner financing (also called seller financing), you sell to us for a higher price and we pay you over time, with interest. You act as the bank.
Your payments are secured by a note and a deed of trust recorded against the property, just like a bank loan. If payments ever stopped, you would have the legal right to take the property back.
Get your no-obligation offer
Three quick steps. We will call to talk through cash, mortgage buyout and owner financing options.
$0 commissions or fees
No repairs, no cleaning
You pick the closing date
Local to DFW and NE Texas
This may be a fit if...
- You own the property free and clear, or have substantial equity
- You want steady monthly income, for example in retirement
- You want a higher price than a cash buyer can pay
- Your property is hard to finance the normal way, like land or a home needing work
What you gain
- A higher sale price than a typical cash offer
- Monthly income with interest, often better than a savings account or CD
- Your payments are secured by the property itself
- Possible tax benefits from spreading the gain over several years (ask your tax advisor)
How it works
- 1
Talk through your goals
Do you want more money up front, or higher monthly income? We build the terms around you.
- 2
Agree on price and terms
Price, down payment, interest rate, monthly payment and length of the note, all in writing.
- 3
Close at a title company
The note and deed of trust are signed and recorded to protect you.
- 4
Receive monthly payments
You get paid every month with interest until the note is paid off.
The honest trade-offs
Every option has a downside. Here is what to weigh before you decide.
- You receive your money over time instead of all at once.
- If the buyer stops paying, you can foreclose and take the property back, but that takes time.
- Owner financing generally works best when the property has no mortgage, or only a small one.
How this compares to your other options
| Feature | Fast Cash Offer | Mortgage Buyout | Owner Financing | Listing with an Agent |
|---|---|---|---|---|
| Best when | You want speed and certainty | You owe close to what it is worth | You own it free and clear | Home is updated and you can wait |
| Price | Below retail, as-is | Debt relief plus agreed terms | Often highest of our options | Full market price, if it sells |
| Agent commissions | None | None | None | Often 5% to 6% |
| Repairs and showings | None | None | None | Usually required |
| Typical timeline | A few weeks | A few weeks | A few weeks to close, paid over time | Often 2 to 4 months or more |
| How you get paid | Lump sum at closing | Loan taken over, possible cash | Down payment plus monthly payments | Lump sum, minus costs |
General comparison only. Every property is different, and we will show you real numbers for yours.
Available across our service area
Owner Financing is available in all four markets we serve, plus the towns around them.
Go deeper
Owner Financing: common questions
What does it mean to "be the bank"?
Instead of a bank lending us the money, you do. Hidden Leaf Holdings pays you a down payment and then monthly payments with interest, secured by a deed of trust on the property.
Why would owner financing get me a higher price?
Because we do not have to pay bank loan costs and can pay over time, we can usually offer more than a cash price. Call (214) 555-0147 and we will show you both numbers side by side.
What happens if the payments stop?
The deed of trust gives you the right to foreclose and take the property back, just like a bank would. That security is why owner-financed notes are recorded at closing.
Can I owner finance if I still have a mortgage?
Sometimes, but it is simplest when the property is paid off or has a small balance. We will look at your situation and tell you honestly what fits.
Are there tax benefits to selling with owner financing?
Spreading the sale over several years may let you spread out capital gains taxes in some cases. Every situation is different, so talk to your tax advisor. Hidden Leaf Holdings can share examples at (214) 555-0147.
Talk to Chase about your options
Cash, mortgage buyout or owner financing. We will lay out the numbers for each, with no pressure and no obligation.