Realtor

Financing, Hard Money Lenders, Private Money
1

Hi,
This might be a dumb question. I just emailed a realtor to see if a seller is interested in a lease option and says probably not but maybe a real estate contract. Does that mean a pre approved new loan? Just curious.

Thanks
Erica

2

I would interpret that as the owner is willing to carry paper.

3

Would that be owner financing? Sorry for sounding like an idiot. What does that entail?

Thanks

Erica