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Carry-Back Financing is Ideal for Retiring Baby Boomers. Those Excluded by Institutional Lenders Provide a Ready Pool of Buyers
In summary, carry-back seller financing benefits all parties (and especially retiring
Baby Boomers) and is expected to fill the void left bymisguided lender policies designed to punish those hardest hit by the recession.Workers who are economically getting back on their feet represent a growing pool of eager buyers. And Boomers can sell their homes quicker, plus receive a higher return on their equities while enjoying tax benefits and a supplemental income during retirement. What's not to like?!
Carry-Back Financing is Ideal for Retiring Baby Boomers. Those Excluded by Institutional Lenders Provide a Ready Pool of Buyers