Found 1 blog entry tagged as Auburn mortgage tips.

Buying a home is one of the biggest financial steps many people will take—and in a competitive market like Auburn, flexibility can be the key to success. While most buyers use traditional 15- or 30-year mortgages, there are creative financing options that can make homeownership more accessible, especially for first-time buyers or those with unique financial situations.

Here’s a breakdown of some alternative financing strategies Auburn homebuyers may consider:

1. Seller Financing

Instead of working with a bank, the seller acts as the lender and you make payments directly to them.

  • Works best when the seller owns the property outright.

  • Can be helpful if buyers have trouble qualifying for a traditional loan.

  • Terms (like…

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