Comments on: Buyer’s Benefits of Seller Financing http://owner-financing.com Owner Financing Primer Sat, 10 Sep 2011 15:04:55 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: admin http://owner-financing.com/buyers-benefits-of-seller-financing/comment-page-1#comment-1434 admin Thu, 11 Aug 2011 18:35:00 +0000 http://owner-financing.com/wp/?page_id=16#comment-1434 It's time to lawyer up! You need your own hired gun ASAP. It’s time to lawyer up! You need your own hired gun ASAP.

]]> By: philip kent http://owner-financing.com/buyers-benefits-of-seller-financing/comment-page-1#comment-1430 philip kent Wed, 10 Aug 2011 13:03:19 +0000 http://owner-financing.com/wp/?page_id=16#comment-1430 i bought a house 3 1/2 years ago seller financed. we setup trust with me being 99 percent owner. my problem is seller and i agreed on 20 year loan but i now find out seller has 30 year loan with bank and owes bank $5,000 more than i owe seller. when i bought house seller represented they worked for major real estate company and gave me there business card. i found out real estate compant fired this person for doing these type of transactions. what recourse if any do i have???? help re p kent i bought a house 3 1/2 years ago seller financed. we setup trust with me being 99 percent owner. my problem is seller and i agreed on 20 year loan but i now find out seller has 30 year loan with bank and owes bank $5,000 more than i owe seller. when i bought house seller represented they worked for major real estate company and gave me there business card. i found out real estate compant fired this person for doing these type of transactions.

what recourse if any do i have???? help

re p kent

]]> By: admin http://owner-financing.com/buyers-benefits-of-seller-financing/comment-page-1#comment-614 admin Tue, 09 Feb 2010 04:28:18 +0000 http://owner-financing.com/wp/?page_id=16#comment-614 If I own a piece of property and sell it to you, as of the date of closing, you are the owner. I no longer have any ownership rights in the property. If I provided financing, I have some contractual rights with terms and procedures which are detailed in the note and mortgage as well as applicable laws. But I am no longer the owner. I am not a lawyer and can't offer legal advice. I do know investors who had sold property with owner financing who drove by their former house every morning and could see it being destroyed by the new owners. Their conviction was they had to go to court and get the judges permission before they could do anything about it. If I own a piece of property and sell it to you, as of the date of closing, you are the owner. I no longer have any ownership rights in the property. If I provided financing, I have some contractual rights with terms and procedures which are detailed in the note and mortgage as well as applicable laws. But I am no longer the owner.

I am not a lawyer and can’t offer legal advice. I do know investors who had sold property with owner financing who drove by their former house every morning and could see it being destroyed by the new owners. Their conviction was they had to go to court and get the judges permission before they could do anything about it.

]]> By: john alford http://owner-financing.com/buyers-benefits-of-seller-financing/comment-page-1#comment-613 john alford Mon, 08 Feb 2010 23:18:21 +0000 http://owner-financing.com/wp/?page_id=16#comment-613 when under owner financing, does the owner have the right to come on owner financed property uninvited when there are NO TRESSPASSING signs up? And payments are current. what are my rights concerning my buying from a land owner. when under owner financing, does the owner have the right to come on owner financed property uninvited when there are NO TRESSPASSING signs up? And payments are current. what are my rights concerning my buying from a land owner.

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