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Updated over 7 years ago,

Ephrem Bekere's profile image
Ephrem Bekere's profile image
Ephrem Bekere
  • Investor
  • from Lancaster, PA
  • Member since Feb 23, 2017
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38
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5
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Ephrem Bekere's profile image
Ephrem Bekere's profile image
Ephrem Bekere
  • Investor
  • from Lancaster, PA
  • Member since Feb 23, 2017
Connect
Ephrem Bekere
  • Investor
  • Lancaster, PA
5
Votes |
38
Posts
Starting Out

Seller financing, how do you know if property is free and clear

Ephrem Bekere
  • Investor
  • Lancaster, PA
Posted

When considering seller financing, how do you know if the seller owns the property free and clear? Public records? I checked that and it was bought in 1995 but it has another mortgage from 2006 for 180k. Is it risky to ask for seller financing knowing this? And is there any way to know exactly what is owed on a property?

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