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TelAve News/10905032
MEMPHIS, Tenn. - TelAve -- MEMPHIS, TN — A three-bedroom home in Memphis has changed hands in an owner-financed sale facilitated by OwnerToDueNo.com, the bilingual property marketplace that connects buyers and sellers without relying on traditional bank approval.
The property at 2368 Barbaro Dr, Memphis, TN 38134, spans 1,678 square feet and includes three bedrooms and two bathrooms. The new owner secured the home with a $10,000 down payment at a 10% interest rate, bypassing the lengthy underwriting process typical of conventional mortgages.
"This sale is a good example of what owner financing makes possible," said a spokesperson for OwnerToDueNo.com. "Buyers who might not qualify for a bank loan right away, or who simply want a faster path to ownership, can still move into a home like this one on terms that work for both sides."
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Owner financing arrangements like this one allow a seller to act as the lender, collecting payments directly from the buyer over time instead of routing the transaction through a bank. For buyers, that often means fewer qualification hurdles and a quicker closing. For sellers, it can mean a steady return on the sale and a broader pool of interested buyers.
OwnerToDueNo.com continues to list owner-financed properties across the Memphis area, serving both English- and Spanish-speaking buyers and sellers looking for an alternative to the traditional mortgage process.
About Owner To Dueno: https://ownertodueno.com/ is a Memphis-based, bilingual property marketplace specializing in owner-financed real estate transactions, connecting buyers and sellers directly without requiring bank financing.
Contact: Phone: 901-660-4100
The property at 2368 Barbaro Dr, Memphis, TN 38134, spans 1,678 square feet and includes three bedrooms and two bathrooms. The new owner secured the home with a $10,000 down payment at a 10% interest rate, bypassing the lengthy underwriting process typical of conventional mortgages.
"This sale is a good example of what owner financing makes possible," said a spokesperson for OwnerToDueNo.com. "Buyers who might not qualify for a bank loan right away, or who simply want a faster path to ownership, can still move into a home like this one on terms that work for both sides."
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Owner financing arrangements like this one allow a seller to act as the lender, collecting payments directly from the buyer over time instead of routing the transaction through a bank. For buyers, that often means fewer qualification hurdles and a quicker closing. For sellers, it can mean a steady return on the sale and a broader pool of interested buyers.
OwnerToDueNo.com continues to list owner-financed properties across the Memphis area, serving both English- and Spanish-speaking buyers and sellers looking for an alternative to the traditional mortgage process.
About Owner To Dueno: https://ownertodueno.com/ is a Memphis-based, bilingual property marketplace specializing in owner-financed real estate transactions, connecting buyers and sellers directly without requiring bank financing.
Contact: Phone: 901-660-4100
Source: Dueño A Dueño
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