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Updated over 5 years ago,

User Stats

70
Posts
37
Votes
Robert L.
  • Investor
  • Jacksonville, FL
37
Votes |
70
Posts

My owner financed note getting paid off

Robert L.
  • Investor
  • Jacksonville, FL
Posted

Hi, I sold my property earlier this year via owner financing.  My buyer is paying off the note early so I am preparing for that.  Once he pays off the note due plus any interest owed, what do I need to do to officially complete the transaction?  Like a satisfaction of mortgage, etc?  Does my closing attorney need to get involved?

Thanks,

Rob

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