Channel Rental Home

May 9, 2008

Seller financing can be disastrous in down market

Posted by Ilyce Glink @ 12:00 am

Co-written by Samuel J. Tamkin Inman News Q: I am purchasing a home with a seller-financed contract. The seller still has a mortgage through the bank. I received a notice in the mail addressed to the seller that he is behind in payments and to contact them to avoid foreclosure. I left him a phone message regarding this notice, but ...

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