[Exclusive] Kim Dong-hyun, who lived in Banpo, buys a unit at Apgujeong Hyundai for 100 hundred-million won… 50 hundred-million won was a ‘homeowner loan’ [Real Estate 360]
Half of the purchase price—50 hundred-million won—was borrowed directly from the seller through a method known as seller financing.
https://biz.heraldcorp.com/article/10920861
Old standby or newly popular?
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Old standbyProperties like that were often bought this way already…
Newly popularThe new loan the president promoted lolllll.
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This method was used before too. I'm a real estate nerd.
Reading real estate posts on theqoo makes me realize there are so damn many users who know nothing about real estate.
Was it already a thing, or did it become popular after that person did it?