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2. Owner financing: What it is and how it works - AOL

   www.aol.com/finance/owner-financing-works...

   Owner financing agreements can be structured in a number of ways, including as a second mortgage, a rent-to-own contract or a wraparound loan. Owner financing tends to benefit the seller more so ...

3. Hire purchase - Wikipedia

   en.wikipedia.org/wiki/Hire_purchase

   Hire purchase. A hire purchase ( HP ), [ 1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time. Other analogous practices are described as ...

4. Buying a Car With a Lien: How To Purchase a Used ... - AOL

   www.aol.com/finance/buying-car-lien-purchase...

   Here are the details of each option for buying a used car that hasn’t been paid off: 1. Ask the Seller to Pay Off the Car Loan. One option to consider is asking the seller to pay off the amount ...

5. Bill of sale - Wikipedia

   en.wikipedia.org/wiki/Bill_of_sale

   A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers possession of the goods to a new owner. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give, or mortgage objects. They can be used only to transfer ownership ...

6. Rent-to-own - Wikipedia

   en.wikipedia.org/wiki/Rent-to-own

   Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

7. How to Trade In a Financed Car: Everything You Need to Know - AOL

   www.aol.com/trade-financed-car-everything-know...

   No matter the reason, you don't necessarily have to wait until you've paid off your current car to buy a new one. To trade in a financed car, follow these steps: 1. Check Your Car's Value and Your ...