Hi,
I have some questions about owner financing, i know i need a good lawyer but i want to prepare myself first before asking questions to my lawyer.
What is a common interest rate for owner financing?
If somebody puts 30% down and wants to pay the rest over 5 years what happens with the title?
Suppose the buyer demolishes my entire kitchen in the process, then stops paying, then what? Who pays for the damage?
What should be written in an offer with owner financing?
Thanks a bunch
TC
I have some questions about owner financing, i know i need a good lawyer but i want to prepare myself first before asking questions to my lawyer.
What is a common interest rate for owner financing?
If somebody puts 30% down and wants to pay the rest over 5 years what happens with the title?
Suppose the buyer demolishes my entire kitchen in the process, then stops paying, then what? Who pays for the damage?
What should be written in an offer with owner financing?
Thanks a bunch
TC