In this video, I discusses the vendor take-back mortgage.
You use this tool when there are no other options available. You use it sometimes when you are desperate and you use it sometimes for convenience. It’s also something that most sellers may not consider, but it could turn out to be a savvy investment for them. In this video, I go over all the pros and cons of the vendor take-back mortgage and why you need to understand how it works.
Barry Lebow, FRI, ASA, ABR, SREA, SRES, IFAS is an active Realtor and highly regarded real estate authority in Canada, who starts his 58th year in the profession in summer 2025.
Throughout his career, Barry has received numerous accolades from various real estate associations for his exceptional work in the industry. Although no longer an active appraiser, he maintains three recognized appraisal designations. Barry’s expertise extends to providing expert testimony in approximately 600 trials across North America, with his focus now on cases involving agents who are being sued.
Currently, he serves as broker of record at RE/MAX Realtron Robert Kroll Realty, Brokerage. For more information or to get in touch with Barry, visit barrylebow.com.
