What is a Vendor Take-back Mortgage Loan? (VTB Loan)
Manage episode 407321296 series 3559477
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⭐⭐ What is a Vendor Take-back Mortgage Loan? (VTB Loan)
Are you looking to buy or sell a property and considering your financing options? Welcome to our 5-minute video on Vendor Take Back Loans! In this concise and informative video, we'll demystify Vendor Take Back Loans, uncovering the advantages, drawbacks, and how they can be a game-changer in real estate transactions.
Vendor Take Back Loans (VTB) are a unique financing option in real estate, where the property seller acts as the lender, providing a portion of the purchase price as a loan to the buyer. This innovative arrangement opens up exciting opportunities for both parties, and we're here to explain how it all works.
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