Skip to content
Buying & Selling Real Estate

User Stats

124
Posts
71
Votes
Chris McDaniel
  • Investor
  • Crosby, TX
71
Votes |
124
Posts

Contract for zero net sum to seller?

Chris McDaniel
  • Investor
  • Crosby, TX
Posted Mar 25 2015, 18:28

Hi all, question: I have a seller that just wants out from under his 10 year old loan, he wants no money in his pocket, he just wants the darn thing gone. How would I structure a contract that results in a zero net sum to the seller? I have his current mortgage statement and balance, does it matter that I am in Texas and should I use a state specific contract?

Loading replies...