Compare your options
Cash Sale vs. Seller Financing in Utah
Seller financing can bring a higher price and monthly income, but you become the bank. Here is the trade-off.
- Any condition, any situation
- No fees or commissions
- No obligation to accept
- You choose the closing date
See what we would offer
Get a written number to compare. No obligation.
Side by side
| Cash sale | Seller financing | |
|---|---|---|
| Money at closing | All of it | Down payment only |
| Price | Lower | Often higher |
| Ongoing risk | None | Buyer default, repairs, foreclosure if needed |
| Existing mortgage | Paid off at closing | Due-on-sale clause may be triggered if it stays in place |
| Paperwork | Standard closing | Note, trust deed, servicing, possibly lending rules |
Questions to answer first
- Do you own the house free and clear? If not, talk to your lender and an attorney about due-on-sale clauses.
- Can you handle it if payments stop?
- Who will service the loan and handle taxes and insurance?
- Do federal or state lending rules apply to your deal? Ask an attorney.
Our take
For the right seller, carrying a note can be a good investment. For most people who need to move on, a clean cash sale is simpler. We can talk through both.
Common questions
Do you buy with seller financing?
Sometimes, if it helps the seller. Every deal is in writing and reviewed by the title company.
What happens if the buyer stops paying?
You generally would need to foreclose under the trust deed. Talk to an attorney before agreeing.
Is seller financing legal in Utah?
Yes, but it has rules. Have an attorney draft or review the documents.