• Get Access to Financing
  • Take Advantage of Cheaper Closing Costs
  • Move In Quicker With Fast Closing


If you are having a difficult time getting a traditional mortgage loan or want to bypass the fees and hassles that come with going through a lender, owner financing or seller financing may be a smarter option. Owner financing allows you to work directly with the seller and negotiate a real estate transaction.

Blue Sky Properties offers owner financing in Wichita, Kansas. We have several properties available with flexible purchasing options. Can't find what you are looking for? Feel free to contact one of our local house investors in Wichita at (316) 202-4249, and we can discuss what properties we currently own.

What Is Owner Financing?

Owner financing is often referred to in several different ways:

  • Bankruptcy Seller financing
  • Damaged Property Owner financing
  • Distressed Property Owner carry
  • divorse Owner will carry
  • Downsizing Rent to own

Owner financing is a type of real estate transaction where the seller finances the purchase of a home directly with the buyer instead of selling the house through a lender. 

A buyer may have enough to get started with a sizable down payment, but may not be able to finance the remainder of the asking price. A seller may be willing to finance all or part of the remainder of the price to sell the house. The financing terms are established by both the seller and the buyer without a third-party.

What Are the Advantages of Owner Financing?

There are several benefits of owner financing over taking out a traditional mortgage, such as:

Cheaper Than a Traditional Mortgage

Financing a house through a traditional mortgage can cause a buyer to incur a wide range of fees and costs. Many of these costs are associated with the bank loan and lending fees. Dealing directly with the owner can eliminate up to 100 percent of these costs.

Access to Home Financing

If you don't have good credit or are unable to secure a home loan through traditional means, owner financing gives you an in-road to financing. As seller financing becomes more popular, there are more opportunities for you to buy a home straight from the owner. Sellers may be willing to loan you some or all of a loan to cover the asking price.

Faster Closing

On average, it can take 30 to 45 days to close on a house. This is assuming that there are no problems or complications that delay the close. Owner financing allows you to close much faster - typically within seven to ten days. The process of closing with the seller is also much easier with fewer steps.

Owner Financing Success Stories

Rent to Own Properties
in Wichita, Kansas

Blue Sky Properties also has rent to own properties available for buyers who are interested in renting homes with the option to buy when the lease expires. A rent to own agreement consists of a standard lease agreement with the option to purchase the house if you meet the terms of the lease. 

As the buyer, you commit to renting a home for a specific amount of time. All or part of your rent per month is applied to the purchase price of the house. When you are ready to purchase the property, then we sell the house to you at the asking price, and it is yours. Rent to own is a great option if you want to lower the purchase price through rental payments until you can finance the home through a traditional lender.

Learn More About Owner Financing in Wichita, Kansas

Do you have any further questions about owner financing? Contact Blue Sky Properties. We offer owner financing in Wichita, Kansas. Find out about our flexible purchasing options and check out our available properties in the Wichita area. Call (316) 202-4249 to speak with one of our sales specialists.