FAQs

This is too good… what is the catch?

There is no catch. The current economic environment is forcing people to think differently about home ownership, home sales, and home purchases. Since banks often hinder people’s ability to buy a home we are looking to fill the niche.

What is owner financing?

Owner financing is the easiest way to buy property. It is extremely simple. The sellers owns the home, and you would like to buy the home. We will sell the home to you, and all you need to do is pay a small down payment and small monthly payments. We finance the home for you, so you don't need to qualify for a bank loan. You don't even need to fill out a loan application. Nearly everyone qualifies!

Who owns the properties listed on the site?

The sellers listing the homes for sale are typically the owners of the homes. It is encouraged that buyers do their due diligence to confirm the selling party is on title and/or has authorization from the party on the title of the home.

Sellers:

How much is it to list a home?

NoBankHouse.com is completely FREE!

What terms can I offer?

That is entirely up to you. There are a variety of non-conventional options available. We recommend consutling with a professional if you are unaware of the strategies you can utilize.

Once I sell my home how do I go about collecting payments and making sure my buyer complies with the terms of the deal?

NoBankHouse.com is affiliated with American Loan Services, http://americanmoneyservices.com, which offers an array of services to individuals that utilize seller financing. We have found that American Loan Services is able to provide a huge amount of value to its customers and we encourage our buyers to utilize their services.

Buyers:

How do I visit a property for sale?

If you wish to visit a property for sale simply email the contact info via the listing you are interested in. The seller of that home will receive the email. It is up to them to respond and the way in which they proceed.

Do I qualify to buy with owner financing?

Probably, but it is up to the seller and yourself to determine whether or not you two are a good fit given each of your circumstances and goals.