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Seller financing mistakes

Why Buy Title Insurance?

December 16, 2008 by Tracy Z Leave a Comment

Does the seller really own the property?  Are there any liens?  Is there legal access?  Does anyone else have a claim or right to use? Does the buyer have outstanding judgments that might attach when they purchase the property?  These are just a few of the questions you will want answered with a title report when considering owner financing. … [Read more...] about Why Buy Title Insurance?

Avoid Three Costly Mistakes!

September 22, 2008 by Tracy Z Leave a Comment

Image of Trash Can with Words: "Avoid Three Costly Seller Financing Mistakes!"

Would you rather have $97,000 to sell your $100,000 note or only $80,000?  The difference usually comes down to the big three. Here’s the three biggest mistakes note sellers make and how to avoid flushing money down the drain. Seller Financing Mistake #1 - Failing to Check Credit The payer’s credit report lets you know how timely they have paid bills in the past. … [Read more...] about Avoid Three Costly Mistakes!

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