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Updated over 9 years ago on . Most recent reply
Help with Seller Finance/Owner Finance?
I'm a wholesaler in Miami Fl and when sellers call and ask for retail, I used to be forced to move on (mostly because the seller still owes a mortgage close to retail price). So lately ive been saying, yes we can give you full market but you have to seller finance/owner finance for 20 years.
Does anyone know how this process works? Does anyone have the contract for this type of deal?
Would a mortgage assumption be even better? Does anyone have the contract for an assumption of mortgage?
When would i get the deed? Help would be SUPER GREATLY appreciated. I literally have 5 sellers who are interested. HELP!
Most Popular Reply

Get someone to draw up the note. I'm using a real estate attorney.
I use my state approved real estate contract. I know everything is legal.
You get the deed when you close depending on how you're buying.