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What To Do With An Owner Finance

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  • Thursday, April 17, 2008 @ 12:04 PM EDT
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What do we do on a owner finance. Seller wants $2500 down and wants us to take over his payments. Do I need to use a title company?
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  • ceinvests
    ceinvests17th April, 2008
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    Are you doing a rent w/option?
    A land contract?
    Or buying the house?

    Seller should be giving you information. Taxes paid?
    Mortgage info. ? Insurance?
    Agree... you must know the standing of his loan. He might be behind for thousands of dollars. Or not.

    How did you find your deal? Is the house listed?

    More info. needed

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