Asked by Angelique, 17921 • Sun Jan 27, 2008
My first question is, since this financing isn't on our credit report, will the payments be considered when they do our debt to income ratio? There are a lot of things wrong with this house, which is probably why it was owner financed. My other question is, if we do not think we can sell for the full amount that is still owed, what are our options? Is there some sort of loan we can get (without it being a lien on this house obviously so that we can sell) to pay off the remainder of what we owe after we sell?
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