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Updated about 2 years ago,
Creative Financing (Seller Finance)
Hey BP, I recently offered a purchase price to a homeowner. They seem really interested on going through the seller finance deal with me. One of her questions that I wasn't able to answer, and figured ask on BP first before doing my research. Her question was " Who will hold the deed"? I recently heard on podcast that me being the buyer i would have the deed. Just wanted to clarify. She was worried she would still be reliable for property taxes and insurance, etc. Hope that makes sense, and thanks BP!