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Updated over 8 years ago,
Seller Financing
Hey all, I was discussing a property with a REI friend of mine who mentioned that I should avoid SF due to the potential of the seller becoming bankrupt and if that were to happen the real estate I am paying for would then be taken over. Is this something I would bring up during the close with my attorney and his to have it protected in the contract or is that just a risk I run by using seller financing.
Thanks!