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Updated 12 months ago on . Most recent reply

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Wagner Soares
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Converting Contract for Deed to Mortgage

Wagner Soares
Posted

What would be the benefit for an investor to convert a contract for deed to a mortgage?

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18,445
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Chris Seveney
  • Investor
  • Virginia
15,863
Votes |
18,445
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Wagner Soares

Could write a book on this one.

I have a contract for deed right now where I am getting fined on a daily basis because borrower has junk in the yard and I keep getting fined because I am on title but I have no way of cleaning it up as I cannot

Now say I own other assets in that county I will. It be able to close on them because they will see I have violations against the company that they then stick on all your assets.

  • Chris Seveney
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7e investments
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