do you know what an \"owner financing\" is?
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Q: do you know what an "owner financing" is?

Category: glossary , Asked by: Z. Estes from Dublin, Ireland

A: When a property buyer finances the purchase directly through the person or entity selling it. This often occurs when the prospective buyer cannot obtain funding through a conventional mortgage lender, or is unwilling to pay the prevailing market interest rates. The seller may agree to owner financing if he or she is having difficulty selling the property. Owner financing may only cover part of the purchase price, with a smaller bank loan making up the difference. Also known as "creative financing" or "seller financing". Owner financing is common in a buyer's market. In order to protect his or her own interests, the seller may require a higher down payment than a mortgage lender would. Down payments of 20% or more are not uncommon in owner financing. The deed to the property is usually not transferred to the buyer until all of the payments have been made, but because no institutional lenders are involved, the overall terms of financing are much more negotiable, and can be set up to provide benefits to both the seller and the buyer. The buyer saves on points and closing costs, while the seller can obtain monthly cash flows that provide a better return than fixed-income investments. Visit etoro.com

    what is "501"?

    Category: glossary by N. T. From Switzerland

    a "501" is A subsection under the United States Internal Revenue Code. The subsection relates to non-profit organizations and tax law and identifies which non-profit organizations are exempt from paying federal income tax Under subsection 501(c) there are 12 other sections that separate the different organizations according to operations. The most common include: c(1) - Any corporation that is organized under an act of Congress that is exempt from federal income tax c(2) - Corporations that hold title of property for exempt organizations c(3) - Corporations, funds or foundations that operate for religious, charitable, scientific, literary or educational purposes c(4) - Non-profit organizations that promote social welfare c(5) - Labor, agricultural or horticultural associations c(6) - Business leagues, chambers of commerce, etc. that are not organized for profit c(7) - Recreational organizations

    please tell me what "equal weight" is

    Category: glossary by C. O. From Bridgeport, United States

    A type of weighting that gives the same weight, or importance, to each stock in a portfolio or index fund. The smallest companies are given equal weight to the largest companies in an equal-weight index fund or portfolio. This allows all of the companies to be considered on an even playing field. The Rydex S&P Equal Weight Exchange Traded Fund, for example, provides the same exposure to the smallest companies in the S&P 500 as it does to corporate giants such as General Electric and Exxon. Equal weighting differs from the weighting method more commonly-used by funds and portfolios in which stocks are weighted based on their market capitalizations. Equal-weighted index funds tend to have higher stock turnover than market-cap weighted index funds and, as a result, they usually have higher trading costs.

    Which forex site offers friendly installation download, in your opinion?

    Category: technical by Q. Clements from Moreno Valley, United States

    If you seek a forex site that has a friendly to install program, you must head for "FX Universal" - the download and installation of the forex trading program is accessible - the connection is smooth, and it's no trouble to follow the instructions and start playing.

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    please tell me what a "withholding" is
    Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds. In other words, these funds are "withheld" from your wages.

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