Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 2 days ago on . Most recent reply

User Stats

12
Posts
6
Votes
Rosemarie Smith
6
Votes |
12
Posts

Seeking Service Company for Owner Finance

Rosemarie Smith
Posted

Hello Everyone, I'm seeking a servicing company that can assist for a seller finance deal in Maryland. We'd like to have the borrower the ability to pay back the loan faster than 30 years if they choose, so delivering straight to the bank account may not be ideal.

Also, anyone who has completed one of these transactions, could we connect? I'd love to see a previous term sheet, something that highlights the repercussions of the borrower defaulting on payments will allow the seller to resume ownership of the property. I want to make sure they're covered. :)

  • Rosemarie Smith
  • [email protected]
  • 409-571-0335
  • Most Popular Reply

    User Stats

    695
    Posts
    533
    Votes
    Patrick Roberts
    #1 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Charleston, SC
    533
    Votes |
    695
    Posts
    Patrick Roberts
    #1 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Charleston, SC
    Replied
    Quote from @Rosemarie Smith:

    @Patrick Roberts Do you have a servicing company you recommend who could handle a Maryland deal? 


     Madison, Provident, FCI are some of the more notable and reputable vendors. There are a few others as well; these are the ones I have dealt with recently. 

    • Patrick Roberts

    Loading replies...