A proposed federal rule that some people say could eliminate seller financing for residential real estate is generating concern among investors and the real estate community.

Two years ago, Congress enacted the Secure and Fair Enforcement Mortgage Licensing Act. The SAFE Act is designed to improve the accountability of loan originators, combat fraud and enhance protections that led to the expansion of the real estate bubble. The act directs states to license loan originators, and encourages establishing nationwide mortgage licensing system and registry.

HUD may take the option away for those not licensed as a loan originator under the Federal SAFE MORTGAGE LICENSING ACT. Seller financing can be limited to financing to a relative or your own personal residence ONLY. If you move out of your personal residence then try to offer seller financing you would not be able to. If you own an apartment building and you do not live in it you would be barred from offering seller financing. If you own more than one property you would not be able to offer seller financing.

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Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


Back Bay

Beacon Hill

Charles River Park


North End

South End

Seaport District

South Boston



Surrounding Communities of Boston
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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