you own the title, seller will become a lien holder (first

來源: nh97 於 2023-01-14 23:06:15 [] [舊帖] [給我悄悄話] 閱讀數 : (296 bytes)

position normally) like a lender. when you and the seller reach to a verbal agreement about the loan terms, you need to get an attorney involved to draft loan docs like mortgage and note, sometimes personal guarantee or other addendums, depending on how sophisicated the seller is. 

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