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Oct 18, 2024
11:47
:31
am
HarlemCoug
Intervention Needed
correct - OP shouldn't give the loan unless he's in 1st position. Take less money from a different buyer if a buyer
wants you in 2nd position.
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HarlemCoug
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Big12
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HarlemCoug
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Sep 8, 2014
Last login
Dec 23, 2024
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Messages
Author
Time
Seller financing: I have a small commercial condo in Utah county that I am
kosmokramer
Oct 18, 10:51am
It's a known method of selling. Most do it with success. The drawbacks are the obvious (what if he doesn't pay, what if
HarlemCoug
Oct 18, 10:55am
I purchased my current house using SF. Worked great…
NorCal_Coug
Oct 18, 10:57am
I would 100% NOT trust a realtor to draw up the financing agreement. Pay a
the rural juror
Oct 18, 10:59am
Do you want to be mired in that if they don't make payments?
mudpupper
Oct 18, 10:58am
There are two ways to do seller financing. You can convey title at closing and take a mortgage back
BYUMizzou
Oct 18, 11:06am
The other hurdle you may run into is a buyer may have to take a loan to come up with 25% of the purchase price. They're
BYUMizzou
Oct 18, 11:43am
correct - OP shouldn't give the loan unless he's in 1st position. Take less money from a different buyer if a buyer
HarlemCoug
Oct 18, 11:47am
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