1st SS A Little Help!

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I am about to tie up my fist SS. there is a little unique situation that i would like some advice on first.

i found my end buyer first and he agreed to purchase my SS subject property only if the adjacent property also owned by my pre-foreclosure home owner and her sibblings was included. the buyer is obtaining a bank loan that will encompass the purchase of both properties.

i was hoping to stay clear in regards to the second property purchase and sale, but im not sure how that will work, considering the SS purchase and my profit will also come form that one bank loan. any advise on this situation?

Eric

Comments(2)

  • kleinpm3rd April, 2005

    If you are going to run background checks then wouldnt it be wise to run them on everyone that lives in YOUR house. Just because the check comes from Joe does not mean that when John rapes and kills the neighbor you wont be named in the law suit and potentially lose everything you own. The cost of running checks on individuals pales in comparison to losing everything you have ever worked for.

  • kleinpm3rd April, 2005

    I dont know how that ended up here. I must have messed up . This was in response to another topic.

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