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Washington Real Estate Q&A Discussion Forum

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DeWayne Mann
  • Rental Property Investor
  • Washougal, WA
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Putting Washington state lot under seller financing

DeWayne Mann
  • Rental Property Investor
  • Washougal, WA
Posted May 19 2019, 19:07

Hey all,

I am wanting to put my lot under seller finance.  Its located in Washington state.  which way is the safest bet?  Contract for deed, or 1st lien.    I have a buyer looking at it, but what steps would you take to protect yourselves, or least costly should buyer default.  

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