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Updated over 8 years ago on . Most recent reply

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Adam Kinley
  • Reston, VA
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Seller Financing and how to determine if a deal checks out?

Adam Kinley
  • Reston, VA
Posted

Good morning to the BP community! 

I have a deal from a motivated seller that was transferred out of the state for work. He claims to be in good standing and owns the house outright, which puts me in a solid position to structure a seller financing deal. Before moving forward with putting any contractual agreements in place, I want to ensure the house is truly owned outright and there are no current liens on the house.

This is my first time through the investment real estate process and I am looking for any advice on simple ways to ensure the claims of the current owner check out and that I truly do have a deal here. 

Any advice and time is appreciated.

Best,

Adam Kinley

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