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Updated about 5 years ago on . Most recent reply
Owner Financed note creation
I have a property I just took from note to REO. I have a buyer who is interested in the property however hey want to do owner financing. What is the best way for me to create the new note. Should I go through a lawyer a title company or could I create this note myself?
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Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
most states have a carve out for a few owner done transactions a year.. attorney in your state can do this no problem. if its owner occ though you will want to follow the guidelines..
- Jay Hinrichs
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JLH Capital Partners