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McDonough : Real Estate Advice

  • All3
  • Local Info1
  • Home Buying1
  • Home Selling0
  • Market Conditions1

Activity 3
Sat Jan 25, 2014
Michael Freeland answered:
As for accuracy, that is something we really can't know for sure, but our police departments are held to that standard by community groups.
1 vote 4 answers Share Flag
Fri Apr 12, 2013
Ken, Rose & The Clouse Team answered:
To my knowledge the owner is not offering owner financing. Also I do have to warn you about some of the pitfalls associated with owner financing. Although it seems like a good idea at face value it has many drawbacks. Such as if the owner is sued the home could be take as part if the settlement. Also the process to remove someone from the home is basically the same as an eviction which is relatively easy compared to a foreclosure process. In other words you will be lacking many of the safeguards that would be in place with a typical purchase. If at all possible I would advise that you go through the process of getting a mortgage and bypassing the owner financing option. good luck! ... more
0 votes 2 answers Share Flag
Wed Oct 19, 2011
Wayne Clark answered:
I hope you received some information by now. But if you have not please email me. Maybe I can help.
0 votes 1 answer Share Flag
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