- the New Marketplace for Owner Financed Real Estate

St. Augustine, FL, November 18, 2007 --( The launch of a new innovative online company makes the search for owner-financed properties a piece of cake with a cup of coffee. The website provides property listing services specifically for lease option and seller financed homes, land, multifamily, commercial properties, and even small businesses. Owner financing is gaining popularity these days for several reasons. For sellers, offering financing attracts more potential buyers and helps them sell the house in lagging markets across the country. With the recent run-up in the mortgage rates, sellers are able once again to offer competitive rates. Buyers with low credit scores, who are disqualified with traditional lenders, may especially be interested in seller financed properties since this option may be the only way for them to finance a property with reasonable terms. Additionally, advantages for sellers and buyers include lower closing costs and flexibility in mortgage terms. A big hurdle has been so far to find a listing service specifically for owner financed real estate. This problem has been recently resolved by Other real estate listing websites have multitudes of ads with no way of separating or searching for owner financed properties. At owners are able to list properties in several categories, such as residential, land, multifamily, commercial, small business, and rent to own with ten images and three virtual tours. Buyers can search by location, down payment, monthly payment, monthly rent-to-own payment, and price or post their own ad in the properies wanted section. Buyers may save their search and go back to it anytime. Additionally, buyers will get notified via email of new listings that fit their search criteria. There are currently hundreds of listings in all states. The services are mostly free for owners, sellers, and agents to list and find properties. charges for listing upgrades, some of which include guaranteed traffic to a specific listing. also provides additional paid services to note brokers.

Lilli Naumov