InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Seller carry back Posted by c shore on March 11, 2004 at 2:56 PM Need help-I am considering a seller carry back with $10,000 down at 9% interest with a balloon due in 3yrs. I found out from the Title Company that he has 2 judgements filed against him if the Title Company agrees to do Title insurance subject to and buyers agree What risk am I taking if they can't get a loan in 3 years ? Follow Ups: Insulate your title from your buyer's current judgments... Ward-CA- 2:53 PM, 03/13/04 (1) Purchase Money Priority Travis-CA 11:11 PM, 03/13/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Need help-I am considering a seller carry back with $10,000 down at 9% interest with a balloon due in 3yrs. I found out from the Title Company that he has 2 judgements filed against him if the Title Company agrees to do Title insurance subject to and buyers agree What risk am I taking if they can't get a loan in 3 years ? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2004, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455