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Boston Note Land Contract offer
I have a Land Contract I just wrote beginning of this month. It's for a property in Lafayette, IN, 3 bed 1 bath alot of new stuff remodeled just before selling. The "note" is for 80k, 3k down @8.5% over 30 years with 10 year balloon. I didn't get a credit score but ran him though transunion smart move. He had 3 things in collection totalling $600 for phone and electric bills but nothing else. I really thought I was going to get a Fico score with the background check. So my question is what might I expect for an offer.