Posted by Bill H on January 27, 2010 at 09:35:38:
In Reply to: Seller Carry Back Financing posted by Jim on January 26, 2010 at 22:10:18:
Jim:
You will not get free legal advice on this or any other board that I am aware of.
You will get others experiences and general information.
My own experience has been good with seller carried seconds on SELLING...NOT...acquiring.
Lenders WILL NOT, in most cases, finance if they are aware that you are 100% financed.
Plus, to put otherwise on the loan documents could be considered fraud.
Just my $.02
Bill H