How hard is it to foreclose on a buyer who buys w/ owner financing?

Ricky Wallace
Other/Just Looking
28327

Answers (3)
Larry Story
Broker
Greensboro, NC

Keith is correct instead of going through the banks and their processes you simply go to the sheriff's department and work through a lawyer. Some simply guidelines for time have to be met and then the sheriff's department will have to remove them if they do not leave.

Mon Jun 2 2008, 12:18
Keith Sorem
Agent
Glendale, CA

No, it's easier because there are fewer levels of management. Plus, the buyer gets the home back ASAP.
Eviction might be another question...and who are you? The buyer defaulting on the mortgage, or the seller?

You might want to repost.

Sun Jun 1 2008, 22:21
Debt Free Dave
Agent
85260
FIRST ANSWER

I don't think it is any different, you just have to follow the foreclosure process.

Sun Jun 1 2008, 18:48

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