Updated almost 7 years ago on . Most recent reply
Seller Finance Question
Can anyone help explain something regarding seller financing? If the seller still has a mortgage payment, is it still possible to workout a decent seller financing deal? What happens to that mortgage? I guess seller financing always made sense to me if the house was paid in full but when there is still a mortgage payment for the seller, I’m having a hard time seeing a good deal for both sides.
Thanks!
Paul