User Contributed Meanings for Anza [Report Abuse] People with this name tend to be very warm and nurturing. They are extremely reliable and are often found taking care of others. They have a deep need to try and create harmony in their surroundings.
Seller financing. Seller financing is a loan provided by the seller of a property or business to the purchaser. When used in the context of residential real estate, it is also called bond-for-title or owner financing..
Interest rates of owner-financed transactions are determined by buyers and sellers. One of the main advantages of owner-financed real estate purchases is that certain details and terms of the loan are negotiable between the buyer and seller. This is untrue with conventional mortgages, which are federally regulated. The words, just pick your interest rate, will never come out of the mouth of a loan officer at your local bank. But in an owner-financed transaction, a mortgage interest rate is negotiated by the parties involved.