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Owner Financing with a mortgage is this possible

Posted on: 28th May, 2011 10:46 am
Hello my question is if there is a small mortgage on a house can you still do Owner Financing?

Second question : I'm trying to sell my house "as is" to the tenant in the house. I can not find any information on that subject.

Thank you
Hi harley!

Welcome to forums!

If there is a mortgage on the property, then you may not be able to do an owner financing. They lender may call the loan due immediately. You should contact a real estate broker and he may let you know more about selling the property "as is".

Feel free to ask if you've further queries.

Sussane
Posted on: 29th May, 2011 09:40 pm
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