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Updated about 4 years ago on . Most recent reply

Matt Stoltzfus's profile image
Matt Stoltzfus's profile image
Matt Stoltzfus
  • Flipper/Rehabber
  • from Marshfield, WI
  • Member since Feb 22, 2010
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Matt Stoltzfus's profile image
Matt Stoltzfus's profile image
Matt Stoltzfus
  • Flipper/Rehabber
  • from Marshfield, WI
  • Member since Feb 22, 2010
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Matt Stoltzfus
  • Flipper/Rehabber
  • Marshfield, WI
4
Votes |
10
Posts
Buying & Selling Real Estate

Purchase price dependent on loan amount

Matt Stoltzfus
  • Flipper/Rehabber
  • Marshfield, WI
Posted

What is the verbiage used if I am buying and the price is determined by final loan balance as of closing?

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Michael Kinsella's profile image
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Michael Kinsella
  • Lender
  • Member since Mar 10, 2018
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Michael Kinsella's profile image
Michael Kinsella's profile image
Michael Kinsella
  • Lender
  • Member since Mar 10, 2018
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Michael Kinsella
  • Lender
275
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617
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Michael Kinsella
  • Lender
Replied

@Matt Stoltzfus

I second what @Scott Wolf asked above...can you you please elaborate?

I'm curious about this scenario, as I haven't seen it before.

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