Updated about 13 years ago on . Most recent reply
Deal analysis
Here's my deal- Seller has a 44k line of credit on the house which she is willing to leave in place. The ARV is about 80k and already in good condition. She wants 10k at closing and nothing later other than for me to evict her family member. However she wants to talk to her bank wells fargo to see if its ok to do owner financing and leave the loan in her own name for a while. Although I've said that I close with an attorney, I've had a few sellers say they want to make sure its ok with the bank first. How do I get around that or word it better so that question or thought doesn't come up?