How do you report a foreclosure on an owner finance buyer?

[Joe S.]

So on owner finance transactions, if a buyer stops paying and trashes the house and the note holder forecloses is there a way to file the foreclosure on the borrowers credit?

[Chris Seveney]

@Joe S.

Typically the servicing company reports it to credit but that is a question for them. If you are not using a servicing company then you would have to pay to report it so is it worth it

Regarding trashing the place you can file a police report for vandalism and file an insurance claim