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seller buy back

Posted by Camille Calenda on September 15, 2003 at 8:54 PM

Hi Ward--

Are their any pitfalls to allowing a seller to buy their property back within a year? The seller wants to move in with her parents, clean up her credit, save money and wants the option to buy the house back. Within the year, we will be renting out the property to someone else. The seller is behind on payment but has not received the NOD and she has lots of equity in the home but can't refinance.

thanks again,
Camille :)




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