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Buying & Selling Real Estate

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Jose Cabanero
  • Greenwich, CT
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Land Sale Contracts?

Jose Cabanero
  • Greenwich, CT
Posted Jan 11 2010, 04:18

I do plan to flip properties in the near future (this/next month), but I'm not sure how things change when a lien is involved.

When selling a property, let's say with owner financing. Do I have to state that there is a lien against the property? Can I stipulate in the contract that once the payments are complete, and I use the payments to pay off the lien, I will then transfer title?

Perhaps someone can recommend a good attorney for me to get my forms together and in order.

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