Bond for Deed Information
In today’s investment environment sellers who have no immediate need for the cash they receive out of the sale of their home are giving more
In today’s investment environment sellers who have no immediate need for the cash they receive out of the sale of their home are giving more
Your state now requires a servicer of a note which is secured with residential real estate, where the servicer does not have a 100% interest
Like most things in life you get what you pay for when you engage a company to service your note. Beware of low set up
A funny thing happened on the way to the government bailout of the “too big to fail” mortgage lenders. As it happens, lenders with whom
June 30, 2016 represents year one since the date set by the Louisiana Office of Financial Institutions for all mortgage servicers in Louisiana to become
Sellers often assume that an individual acquiring a property under a BFD must have bad credit. This may be the case in some instances, however,
We regularly hear, “If there is a mortgage on the property you need the mortgage holder’s approval to do a BFD”. This often arises from
Mortgage Not Assumable—Use a Bond for Deed whenever the existing mortgage is not assumable. Anyone can make the payments of an existing mortgage and court
Simply put a Bond For Deed is a form of Seller Financing. It is a contract to sell Real Estate in which the purchase price