Posts Tagged ‘Seller Carry-Back Financing’
Will Seller Carryback Financing Be Jeopardized If Buyer Is A Drug Dealer?
Question: We are selling our Carefree home. A young man has made us an offer to purchase our Carefree home for $600,000. There will be a down payment of $250,000 cash, and financing by a $350,000 seller carryback loan from us. This $250,000 cash is apparently from the young man’s successful real estate investments, but…Read More
Seller Financing Disclosure
Seller Financing Disclosure Question: My father owns his Glendale home free and clear. He is moving next month to go back to Illinois to live with his first wife. My father is going to sell the home now to me, and I will make payments to him at 6% interest for the next ten…Read More
Is New Home Safe From HOA Fee Lien?
Question: We lost our Mesa home to foreclosure a year ago. We were almost immediately able to buy from an investor a smaller home in Queen Creek using carryback financing from the investor. The home prices in our Queen Creek subdivision have increased significantly in the past year, and we have approximately $20,000 equity…Read More