Updated almost 4 years ago on . Most recent reply
Wrap around mortgage with acceleration clause called
I have a home in Dallas with a wrap attached to it. The buyers have been in the home for 2.5 years now. They have made 2 attempts to get financing but have not been able to do so. The home sold for 400k then but is worth about 650k now. Can someone tell me in layman’s terms what all my options are? I have 40 days. Thank you.