Owning a home is a dream for many people. Unfortunately, many people will shrug off such a dream because of the fears and issues that arise when dealing with a bank for a mortgage. The reality is it is possible to own a home without the bank.
Getting a mortgage from the bank is only one way to home ownership. Rent to own is another popular and viable way to own your own home. Proprietors, that own property in full, will often opt to take payments when selling a property. The payments made directly to a proprietor are exactly the same as mortgage payments made to a bank.
Another way to avoid using a bank is to purchase a property that is inexpensive. The tiny home trend has been created partly to avoid needing a bank loan. The petite homes can be constructed for the cost of a car.