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MORE Seller Financing wants to debunk 'the bad rap for wraps'

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Ryan Leahy, founder of MORE Seller Financing, is aiming to bring consistency, compliance and clarity to the seller financing model.
The article from HousingWire discusses how eXp Realty has introduced new seller financing options, including bridge loans and wraparound mortgages, to help facilitate home sales in a challenging market. These financing tools are designed to assist sellers in offering more flexible payment options to buyers, potentially speeding up the sales process. Bridge loans allow sellers to access the equity in their current home to purchase a new one before selling, while wraparound mortgages enable sellers to finance the sale by taking on the buyer's mortgage payments along with an additional amount. This move by eXp Realty aims to address the current market conditions where traditional financing might be difficult to obtain, thereby helping both sellers and buyers navigate the real estate market more effectively.

Read the Full HousingWire Article at:
[ https://www.housingwire.com/articles/more-seller-financing-bridge-loan-wraparound-mortgage-credit-exp-realty/ ]