Seller Financing

Seller financing is an arrangement where the seller of a property takes on the role of lender — instead of receiving full payment at closing, the seller holds a promissory note from the buyer and accepts installment payments over time. The seller records a lien on the property to secure the note.

Seller financing is most common when conventional bank financing is hard to obtain (unusual properties, non-traditional borrowers) or when sellers want to defer capital gains by spreading payments across tax years.

Why it matters for Milo customers

Milo customers occasionally encounter seller financing as an alternative path to ownership, especially for unusual properties. A Milo crypto-backed loan can fund a down payment to seal a seller-financing deal, with the seller-financed portion handled separately. This is a niche but real use case.

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