Who pays buyer or seller?
Who pays the real estate agent the buyer or the seller?
Most Popular Reply
@Dominique Mickles When a seller finances you, they take a promissory note secured by a mortgage or deed of trust. So rather than walking away from the settlement table with cash they hold paper (your written, enforceable promise to pay). If you don't pay, they can foreclose and take the property back.
- Tom Gimer
Gimer Law
15 Reviews
5.0 stars