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Updated over 5 years ago,

Account Closed
  • Student
  • Null
8
Votes |
149
Posts

Wrap Around after disaster

Account Closed
  • Student
  • Null
Posted

Hello BP, i need some advice in this. Let said i do a wrap around mortgage and a year later the buyer decided to stop making payment and the property return back to me because the house is damaged by flood and the buyer decided to move out of the state. Since the property is now damaged, what can i do or is there a better contract construction i can do when the property is damaged? 

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