Saving Capital Gains Tax with Seller Financing

saving capital gains

Capital gains tax is a significant concern for many property owners looking to sell their assets. However, there are strategies that can help mitigate these tax liabilities, and one such strategy is seller financing. Seller financing not only benefits the seller by spreading out the tax burden but also offers potential advantages to the buyer. […]

What is the difference between “Subject-to” and “Land Contract”?

difference between Subject-to and Land Contract

A “subject to” and a “land contract” are both real estate transaction terms that involve the sale of property, but they represent different approaches and legal structures. Let’s explore the differences between the two: 1. Subject To “Subject to” refers to a real estate transaction where a buyer purchases a property subject to the existing […]

Owner Financing: What is it and how it works

Owner Financing What is it and how it works

Owner financing, also known as seller financing or purchase money financing, is a real estate arrangement where the seller of a property agrees to finance the buyer’s purchase instead of the buyer obtaining a traditional mortgage from a bank or other financial institution. In owner financing, the seller effectively becomes the lender, allowing the buyer […]

What is a Deed in Lieu of Foreclosure?

Deed in Lieu

At Southern Loan Servicing, we are here to help you learn about your options and make seller financing more accessible. Today, we’re covering a deed in lieu of foreclosure, which can offer some security for hesitant sellers/lenders. A Deed in Lieu of Foreclosure (DIL) for owner financed loans is a similar concept to the traditional DIL, […]

Capital Gains Tax?


Whether you’re selling lemonade, clothing, cars, or real estate, the goal is always to make a profit. But in some cases, the more you make…the more they take (in taxes, that is). When you sell your house, you face a capital gains tax based on your profit. So, if your home has increased in value, […]

Are you wondering why you should work with a loan servicing company?

teamwork 1

We’re excited to share a series of educational videos with you over the next few months that we hope will answer some key questions about working with Southern Loan Servicing!  Title Companies that work with our Loan Servicing company are able to offer their clients a better service experience. And get the closing on the front and […]

What is a “subject to” mortgage?

Subject To copy 1

This is a sale where the seller is not paying off the existing mortgage, but rather having the new buyer pay the mortgage obligations. That means the seller maintains the responsibility of paying off the loan, but the buyer has agreed to make mortgage payments on behalf of the original seller. When you buy a […]

Common Seller questions during the contract period

Common Seller questions during the contract period

Why should I use a Bond for Deed or Land Contract? A Bond for Deed/Land Contract are types of owner financing, but with much more security for the Sellers because the title remains in the Seller’s name. The easiest way to think about this type of transaction is that it functions much like a rent-to-own plan, […]