Updated over 4 years ago on . Most recent reply
Buying Home From Family
I am buying home from wife's grandmother in Maine. It apraised for $411,000 she is asking $375,000. She wants to seller finance us but the IRS still makes her charge 2% for a 20yr loan. Are there any workarounds? Could we take the interest off the base so it equals Base+Interest=$375,000?
I would love to get some opinions. Thanks in advance



