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Updated almost 10 years ago,

Chris McDaniel's profile image
Chris McDaniel's profile image
Chris McDaniel
  • Investor
  • from Crosby, Texas
  • Member since Sep 29, 2014
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User Stats

124
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72
Votes
Chris McDaniel's profile image
Chris McDaniel's profile image
Chris McDaniel
  • Investor
  • from Crosby, Texas
  • Member since Sep 29, 2014
Connect
Chris McDaniel
  • Investor
  • Crosby, TX
72
Votes |
124
Posts
Buying & Selling Real Estate

Contract for zero net sum to seller?

Chris McDaniel
  • Investor
  • Crosby, TX
Posted

Hi all, question: I have a seller that just wants out from under his 10 year old loan, he wants no money in his pocket, he just wants the darn thing gone. How would I structure a contract that results in a zero net sum to the seller? I have his current mortgage statement and balance, does it matter that I am in Texas and should I use a state specific contract?

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