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Updated over 9 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Rocky Hill, Connecticut
  • Member since Apr 30, 2016
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Rocky Hill, Connecticut
  • Member since Apr 30, 2016
Account Closed
  • Rocky Hill, CT
19
Votes |
66
Posts
Creative Real Estate Financing

Seller Financing

Account Closed
  • Rocky Hill, CT
Posted

Hey all, I was discussing a property with a REI friend of mine who mentioned that I should avoid SF due to the potential of the seller becoming bankrupt and if that were to happen the real estate I am paying for would then be taken over. Is this something I would bring up during the close with my attorney and his to have it protected in the contract or is that just a risk I run by using seller financing.

Thanks!

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