Benefits to Seller Financing Land

There are several reasons why someone might consider seller financing when selling land:

1. It can be a way to sell a property that might otherwise be difficult to sell, perhaps because it is remote or has other challenges.

2. Seller financing can help the buyer get a loan that they might not otherwise be able to obtain through a traditional lender, perhaps because of credit or income issues.

3. It can be a way for the seller to potentially get a higher sales price for the property, since the buyer may be willing to pay more when they are not paying the full amount up front.

4. It can be a way for the seller to generate ongoing income from the property, if they choose to structure the loan with payments over time.

5. It can be a way for the seller to remain involved in the property, if they choose to retain ownership of the land and collect payments from the buyer.

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