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Updated over 3 years ago on . Most recent reply

Chris Igard's profile image
Chris Igard's profile image
Chris Igard
  • from San Antonio, Texas
  • Member since Jul 15, 2017
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52
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6
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Chris Igard's profile image
Chris Igard's profile image
Chris Igard
  • from San Antonio, Texas
  • Member since Jul 15, 2017
Connect
Chris Igard
  • San Antonio, TX
6
Votes |
52
Posts
Private Lending & Conventional Mortgage Advice

Seller financing buyer refinance

Chris Igard
  • San Antonio, TX
Posted

I’m in year 2 of my seller financed home it has a 5 year note with a balloon. The owner wants to refinance the rate. My attorney is out until monday. Are they responsible for the balloon or the current mortgage amount? I’d like to offer to buy the home back from them and give the down payment back.

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