Posted by $Cash$ on July 15, 2002 at 20:35:24:
Patrick,
Glad to meet you.
If you are asking what are the chances of your buyer obtaining financing at the end of their option period, wouldn’t that be up to the buyers to figure out. If the buyer’s do not exercise their option then are you prepared to finance the property.
$Cash$
L/O Buyer getting finiancing - Posted by Patrick(AK)
Posted by Patrick(AK) on July 15, 2002 at 19:58:56:
I was just wondering how the buyer of a l/o deal that I eventually will put together would get finiancing with the thought that I L/O from a seller and then L/O to a prospective T/B I get the home below FMV and then L/O the home to the T/B above FMV if my home is still below FMV at or around the time the T/B wants to exercise their option to buy what are the chances of them getting Finiancing.
any feedback appreciated
Patrick(AK)