Archive for August, 2014

Seller Financing Update

August 7th, 2014

The number of Real Estate transactions closed using Seller Financing in the first half of 2014 compared to 2013 increased by 13%. In the counties of Bernalillo, Sandoval, and Valencia there were 792 seller financed transactions in 2014 compared to 688 in 2013.  Why? I can only guess that it is due to tighter credit, higher FHA fees, and Realtors doing a good job of educating buyers and sellers about Seller Financing. We only do research in these three counties, but we escrow Real Estate Contracts from all over the state and those numbers are also up.

By the way, more consumers chose Security Escrow to be their Escrow Company over other escrow companies. Contact us today.