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Updated about 10 years ago,

Dee Xixi's profile image
Dee Xixi's profile image
Dee Xixi
  • Real Estate Investor
  • from waltham, Massachusetts
  • Member since Aug 13, 2009
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212
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8
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Dee Xixi's profile image
Dee Xixi's profile image
Dee Xixi
  • Real Estate Investor
  • from waltham, Massachusetts
  • Member since Aug 13, 2009
Connect
Dee Xixi
  • Real Estate Investor
  • waltham, MA
8
Votes |
212
Posts
Buying & Selling Real Estate

Disclosure of seller carries a second mortgage

Dee Xixi
  • Real Estate Investor
  • waltham, MA
Posted

Hi all,

is it illegal not too disclose to a lender that seller is carrying a second mortgage on a commercial deal? 

Also should it be spelled out in the P&S?

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