DOCSLIB.ORG

Creative Seller Financing Checklist Page 1 of 10 Copyright © 2014 Chuck Sutherland Get the Facts on the Property

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Creative Seller Financing Checklist Page 1 of 10 Copyright © 2014 Chuck Sutherland Get the Facts on the Property Creative Seller Financing Checklist Page 1 of 10 Copyright © 2014 Chuck Sutherland Get The Facts On The Property Asking Price What is the asking sales price of the property? How important is price in completing the transaction … to the Buyer… to the Seller? Mortgages Is there an existing Mortgage(s)? Current balance due? Who is the Lender? How you read the note and mortgage documents? Seller's Equity How much equity does the Seller have based upon the proposed selling price? Monthly Payment What are the monthly payments for the existing loan(s)? Are the loan payments current? Property Condition What is the physical condition of the property? What items need to be repaired? What items should be improved or replaced? Neighborhood What are the potential Benefits from Benefits the neighborhood? Neighborhood What are the potential Detriments Detriments from the neighborhood? Other Property Facts Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 2 of 10 Copyright © 2014 Chuck Sutherland People and Benefits Benefits the Seller What Benefits is the Seller looking for is seeking from selling the property? Seller's Motivation What will the Seller "Do" to get those Benefits? Other Seller Information Benefits the Buyer What Benefits is the Buyer looking for is seeking from buying the property? Buyer's Motivation What will the Buyer "Do" to get those Benefits? Other Buyer Information Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 3 of 10 Copyright © 2014 Chuck Sutherland Creative Seller Financing Brainstorming Sheet How Could I Use Basic Owner- Financing? How Could I Use Negotiate Financing Terms To Increase Value? How Could I use Owner- Financing and Sell The Note? How Could I Use Subordinate the Carry-Back Financing? How Could I Use Sell Property By Financing The Parents, Family Or Friends? How Could I Use Sell Property By Financing Other Property? Loan On Future Sales Proceeds? How Could I Use Lease with an Option to Purchase? Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 4 of 10 Copyright © 2014 Chuck Sutherland Terms of Sale Proposed Actual What is the proposed selling price? Selling Price Will this price assist the seller in accomplishing their goals? Will this price assist the buyer in accomplishing their goals? If not, Proposed Seller What is the amount of the proposed Financed Note and seller financed note? What are the Mortgage proposed terms? Payments, interest rate, balloon date on note, security, etc.? Amortization Over If the monthly payment on the loan What Period were paid consistently on the due date, how long would be required to fully pay off the note? Balloon Payoff Is there a balloon date for a mortgage Date (If Any) payoff -- a date at which the entire mortgage balance is due and payable -- prior to the loan being fully amortized? Special Terms of Are there any special terms in the the Seller Seller financing (for example, an Financing option to repurchase, additional financing provided by Seller or Lender)? Interest Rate on What is the Interest Rate on the loan? Seller Financed Note Any provision for Changes in the interest rate can be adjustment of planned (such as Adjustable Rate interest rate? Mortgages) or unplanned (such as an increase in the interest rate in the event of default). Signed Contract to Until there is a Purchase and Sell Purchase and Sell Agreement that is fully executed by both the Buyer and the Seller, there is no deal. Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 5 of 10 Copyright © 2014 Chuck Sutherland More Terms of Sale Preliminary Title The Buyer will want an Owners Title Report / Title Policy insuring the title as of the date Policy of closing. The Seller may want a Mortgagee's Title Policy insuring the title to the Security for the Seller Appraisal Provided The Seller may want an appraisal in order to be able to sell the Note and Security Instrument after closing. Loan Application Even though Seller Financing is Completed for the provided, the Seller may want to have Seller financing a Loan Application from the Buyer. Credit Report Even though Seller Financing is provided, the Seller may want to have a Credit Report on the Buyer. Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 6 of 10 Copyright © 2014 Chuck Sutherland Other Terms of Sale Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 7 of 10 Copyright © 2014 Chuck Sutherland Key Provisions in Note or Mortgage (Note: This list is Not All-Inclusive) Type of Security The Security Instrument could be in Instrument for The many different forms (for example: Seller Financing Mortgage, Deed of Trust, Land Contract, etc.), The "Mortgage" is used to represent of the various forms Date of Execution The Date of the Execution of the Note of Instruments and Security Instrument can create a problem in the priority status of the Mortgage. Initial Loan What is the note amount at the time Amount of execution of the note and security instruments? Payment Amounts This typical includes the designated amount and due date of all payments and the dates and frequency by then they are due. Name of Borrower This is the exact legal name or names of the borrower, and frequently includes the manner in which title is held (for example, tenants in common with rights of survivorship). Name of Lender This is the exact legal name or names of the Lender. Name of Trustee (if Under a Deed of Trust, the Trustee any) acts as a fiduciary for both the Borrower and the Lender. Servicing Agent Name of Company or Institution that is providing serving of the mortgage, if any (could be the Lender themselves). Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 8 of 10 Copyright © 2014 Chuck Sutherland Key Provisions in Note or Mortgage (Continued) Legal Description Have you reviewed the legal of Property being description of the property being pledged secured to confirm that it exactly matches the legal description in the title commitment or any other Prior Liens List of Any Liens or Loans which have priority over the Seller Financed Mortgage Borrower's Rights What are the rights and duties of the and Duties Borrower? Lender's Rights What are the rights and duties of the and Duties Lender? Trustee's Rights What are the rights and duties of the and Duties Trustee (if any)? Is there an Escrow Is the Borrower required to pay any Account for taxes amounts into an escrow account for and/or insurance? the payment of taxes and insurance? To whom and by when are the escrow payments required to be made? Late Charges Are there any provisions for late charges if the payments are not made by a certain date? Notice Clause The Notice Clause sets forth the names and contact information for any notices to be provided by the parties. Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 9 of 10 Copyright © 2014 Chuck Sutherland Key Provisions in Note or Mortgage (Continued) Real Estate Taxes By what date are all property taxes Payment required to be paid? Are any notices Requirements required to be given to the Lender concerning the payment of property taxes? Property and What is the amount and type of Liability Insurance property and liability insurance that Requirements the Borrower is required to carry in order to protect the Lenders security collateral? Taxes and Under what conditions does failure to Insurance Default pay taxes and insurance as provided Clause in the terms of the note and security instrument constitute a default? General Default After what period of time and under Clause what conditions can the Lender declare the Borrower in default? Acceleration: In the event the Lender declares the Rights and loan in default and exercises their Remedies right to accelerate the due date on the loan, what rights and remedies does the Borrower have? Due On Sale Is there a provision that the loan must Clause be paid in full in the event of a transfer of title by the Owner / ‐ ‐ Mortgagee to another party? Inspection Clause Under what conditions and with what prior notice may the Lender or Lender's representative inspect the property? Credit Inquiry Does the Lender or Servicing Agent Clause have the right to order a credit report on the borrower and under what conditions? Note: Retain competent legal counsel to draft all legal agreements. Creative Seller Financing Checklist Page 10 of 10 Copyright © 2014 Chuck Sutherland Key Provisions in Note or Mortgage (Continued) Other Clauses Are there any Other Clauses or Special Clauses in the Note or Mortgage? Note: Retain competent legal counsel to draft all legal agreements..
Load more

Recommended publications
  • Family-Mortgage-Seller-Finance.Pdf
    IMPORTANT INFORMATION A Guide to Family Mortgages The smart way to manage mortgage loans between family members. ® © 2021. National Family Mortgage, LLC. All rights reserved. 1 A Guide to Family Mortgages This guide is all about how an intra-family mortgage loan can help someone: Buy a Home *Buy a Relative's Home* Refinance a Home Renovate a Home Borrow Home Equity Reverse Mortgage If you would like to learn more about how our products and services can assist with the other scenarios featured above, please go back to our website and download the appropriate free guide. Buying a home from a relative isn't too different from buying a home from anyone else. As with any transfer of real estate, the Seller and Buyer will want to have a real estate closing with a local attorney, title company, or escrow company, that will perform a title search on the property and generate a new warranty deed. State laws in over half of the country legally require the integration of private mortgage documentation into the Buyer’s real estate closing / settlement. As an ever increasing number of states move towards this legal standard, we follow this protocol with every Family Mortgage purchase transaction in every state across the US. ® 2 Table of Contents 1. About Us 4 2. Company Standards (These are our rules.) 5 3. What does this cost? 8 4. What is Seller Financing? 11 5. Lender / Borrower Benefits 13 6. IRS Applicable Federal Rates 15 7. How it Works 16 Structuring Your Loan 17 Secondary Financing / Working with the Bank 20 Sample Online Application 21 8.
    [Show full text]
  • PROTECTING SELLER INTERESTS in a LEVERAGED BUYOUT by James A
    GUEST ANALYSIS: PROTECTING SELLER INTERESTS IN A LEVERAGED BUYOUT By James A. Deeken and Jean Lu, Akin Gump Strauss Hauer & Feld LLP October 7, 2010 While the state of the economy has made it more difficult for buyers to obtain the optimal amount of financing desired to consummate leveraged buyouts, buyers have attempted to bridge the financing gap by having sellers provide seller financing either in the form of seller notes or deferred earn-out payments. Even once the principal terms have been agreed on for seller financing or earn-out payments, the real job of protecting a seller’s interest is only commencing at that point. Without effective follow through based on the advice of competent counsel, the seller could lose the benefit of economic bargain over the non-cash consideration if the components are not structured properly in the face of senior debt that the buyer may have and effective legal protections for the seller are absent. Seller Financing A common means used to bridge the financing gap is to essentially ask the seller of a business to provide seller financing by taking a portion of the purchase price consideration in the form of a note issued by the target. While such financing is issued by a company that the seller knows very well, seller financing presents the following threshold issues that should be considered by a seller: • Subordination Agreement Issues: In a leveraged buy-out, the buyer will typically finance part of the cash portion of the acquisition price by taking out a bank loan against assets of the target.
    [Show full text]
  • Seller Financing Passes Legislature
    Frequently Asked Question Seller Financing Passes Legislature What was the problem? The Legislature amended Hawaii’s SAFE Act in 2014 by removing the exemption that allowed ordinary property owners to provide owner financing of their primary residence. The Hawai‘i Association of REALTORS® (HAR) introduced legislation to restore seller financing as one of our priority issues. This was a concern because sellers were not able to provide seller financing, and it was unclear whether real estate licensees would be able to assist the seller without jeopardizing their real estate license, even if they were still exempt as a licensee. What is the bill that passed the Legislature? Senate Bill 756, CD1 establishes a mortgage license exemption for seller-financed mortgage loans under Hawaii’s Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), if certain conditions are met. Requires the seller to provide to the buyer the terms of the financing. Requires the seller to provide a disclaimer, to be initialed by the buyer, regarding the financing. What conditions does the seller have to meet to qualify for seller financing? 1. Seller is a person, estate, or trust that transacts three or fewer residential mortgage loans in one calendar year; 2. Seller is not a loan originator; and 3. Seller has not constructed as the construction contractor for the residence on the property in the ordinary course of the seller’s business. Please note: these provisions are consistent with existing federal law. How will this affect our Standard Forms, such as the Purchase Money Mortgage Addendum and Agreement of Sale? 1.
    [Show full text]
  • Seller Financing Addendum for Buyer Occupied Property
    SELLER FINANCING ADDENDUM FOR BUYER OCCUPIED PROPERTY COPYRIGHTED AND SUGGESTED FOR USE BY MEMBERS OF THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. This Addendum is made by the undersigned BUYER and SELLER and is incorporated into and made a part of the Purchase and Sale Agreement between BUYER and SELLER (the “Agreement”). This Addendum is referenced in the Agreement and pertains to the following Property: _________________________________________________________________________________________ _________________________________________________________________________________________. As part of the Purchase Price in Paragraph 1, BUYER shall execute and deliver to SELLER at closing a promissory note and purchase money mortgage first mortgage or second mortgage on the Property in the amount of $____________, at _______% interest per annum in accordance with the terms and conditions stated in this Addendum. 1. Within ______ days (5 days if left blank) after the date of acceptance of the Agreement, BUYER will furnish all credit, employment, and financial information reasonably required by SELLER. Unless SELLER delivers a written notice to BUYER declining to make the loan within 5 days after receipt of this information, SELLER shall be deemed to have agreed to hold the purchase money mortgage. The Purchase and Sale Agreement is not assignable without written consent of SELLER unless BUYER removes this SELLER FINANCING ADDENDUM. WARNING – PRIOR TO ENTERING INTO THE FINANCING CONTEMPLATED BELOW, SELLER AND BUYER ARE ADVISED TO SEEK THE ADVICE OF LEGAL COUNSEL TO DETERMINE IF THIS FINANCING COMPLIES WITH THE DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT (DODD-FRANK) AND OTHER RELEVANT FEDERAL AND STATE REQUIREMENTS. 2. SUMMARY OF SELLER FINANCING UNDER DODD-FRANK – PLEASE READ CAREFULLY Dodd-Frank has made significant and important changes affecting seller financing on buyer occupied residential properties.
    [Show full text]
  • Public Safety Strategies for Addressing Mortgage Fraud and the Foreclosure Crisis Author About This Report Acknowledgements
    Best Practices Public Safety Strategies for Addressing Mortgage Fraud and the Foreclosure Crisis author about this report acknowledgements Robert V. Wolf This report was supported by the Bureau of A number of people provided essential assistance. Director of Communications Justice Assistance under grant number Foremost among them are the participants in the two Center for Court Innovation 2009-DC-BX-K018 awarded to the Center days of conversations on foreclosure, vacant proper- for Court Innovation. The Bureau of Justice ties, and mortgage fraud organized by the Bureau of May 2010 Assistance is a component of the U.S. Justice Assistance. The participants not only shared Department of Justice’s Office of Justice their good ideas but provided feedback on early drafts. Programs, which also includes the Bureau Also crucial to the development of this report are of Justice Statistics, the National Institute of James H. Burch II, Pamela Cammarata, Ben Gorban, Justice, the Office of Juvenile Justice and Preeti Puri Menon, Kim Norris, Cornelia Sorensen Delinquency Prevention, and the Office for Sigworth, and Paul Steiner of the Bureau of Justice Victims of Crime. Points of view or opinions Assistance; Greg Berman, Julius Lang, and in this document do not represent the offi- Christopher Watler of the Center for Court cial positions or policies of the U.S. Innovation; and Caroline Cooper and Tenzing Lahdon Department of Justice. of American University. A FULL RESPONSE TO AN EMPTY HOUSE| 1 A FULL RESPONSE TO AN EMPTY HOUSE: PUBLIC SAFETY STRATEGIES
    [Show full text]
  • Seller Financing
    GETTING STARTED In SELLER FINANCING COPYRIGHT © 2019, All rights reserved REI MASTERY U, LLC www.REImasteryU.com [email protected] This eBook is for educational and informational purposes only. It is not meant as legal, tax, financial or investment advice. Please seek the counsel of your own independent advisors before making any investment decision PRELIMINARY NOTES This “Getting Started” into Seller Financing eBook will give you a greater understanding of seller-financed deals. It’s a great way to pick up more properties, increase your portfolio of rentals and even increase profits on flips. While a great tool, it is a more advanced REI topic as there are some issues to understand. This Getting Started eBook does NOT fully cover those details! You should keep this eBook readily available for future reference. It’s a great reference guide. For more information, please check out our Professional Investor online program, our Creative Financing Mastery Course and the other available resources on our website. This eBook is designed to be read in its entirety! Seller financing is like a puzzle with pieces that all fit together to form a whole. You can’t rely on one or two pieces alone to everything. It is critically important information. Please read the entire eBook. Happy Investing! Jeff INTRODUCTION Seller financing is one of the fastest growing areas of real estate investment. It’s been utilized for a long time by experienced investors and now more and more newer investors. And even retail buyer and sellers are engaging in seller financing deals. The words “seller financing” are very broad and cover several different kinds of transactions.
    [Show full text]
  • Topic: SELLER FINANCING and PRIVATE THIRD-PARTY FINANCING UNDER the DODD-FRANK ACT From: SCOTT B
    Topic: SELLER FINANCING AND PRIVATE THIRD-PARTY FINANCING UNDER THE DODD-FRANK ACT From: SCOTT B. UMSTEAD, P.A. The Dodd-Frank Act (“Act”) limits the situations in which seller-financing and/or private third- party financing may make take place. Under the Act, any person who offers and/or negotiates the terms of a residential mortgage loan is deemed to be a “mortgage loan originator” and must be licensed. In that most sellers are not “mortgage loan originators,” and most private lenders (such as friends) are also not “mortgage loan originators,” there is a great deal less freedom than there used to be when these loans were unregulated (for non-applicability of the Act to certain family members, see “Non-Applicability of the Act” below) . IMPORTANT: If seller-financing or third- party financing violates the Act, the holder of the note and mortgage may be unable to enforce the loan. In addition to harsh federal penalties, there is a private right of action against the violator for rescission or reformation of the loan, refund of all borrower costs, restitution, compensation for unjust enrichment and other monetary relief. I APPLICABILITY OF THE ACT The Act applies to sellers of residential dwellings to consumers where the consumer will use the property as a residence and in where the seller provides financing to the consumer secured by a mortgage on the dwelling. The term” residential dwelling” includes dwellings containing up to 4 units and includes houses, apartments, townhouses, condominium units, mobile homes and trailers. The term “consumer” means a natural person as opposed to a corporation, LLC or partnership.
    [Show full text]
  • It's a Whole New Ball Game with Creative Financing
    It’s a Whole New Ball Game With Creative Financing EDDIE SPEED 1 Table Of Contents INTRODUCTION 3 CHAPTER 1 Be A Smarter Investor By Bridging The Price Gap 8 CHAPTER 2 Be A Smarter Investor By Negotiating The Terms 14 CHAPTER 3 Be A Smarter Buyer By Being Flexible On Price 19 CHAPTER 4 Be A Smarter Investor By Knowing What’s Possible 24 CHAPTER 5 Be A Smarter Investor By Getting To Know Your Seller 29 2 Introduction 3 Let me start by first comparing myself to Brad Pitt. Hey, stop laughing long enough for me to clarify that. What I mean is, I’m comparing myself to Brad Pitt who played the role of Billy Beane, General Manager of the Oakland Athletics in one of my favorite movies, “Moneyball.” So I guess it’s more accurate for me to say I’m comparing myself to Billy Beane. Most people would say “Moneyball” was a movie about baseball. I don’t necessarily agree. I saw it as a movie about a revolutionary business model. Billy Beane looked at baseball through a different lens than everybody else; and they all thought he was nuts. They played the game the same way it had been played since it was first invented. How was Billy Beane’s method different? He understood the power of numbers. Unlike everybody else, he realized that the game ultimately came down to numbers and statistics. By understanding the numbers better than anybody else, he changed the game forever. But he didn’t just change the way the game was played, he changed the way the game was won.
    [Show full text]
  • Understanding Land Contract Trends in the Midwest Pre- and Post-Crisis
    SYMPOSIUM ON HOUSING TENURE AND FINANCIAL SECURITY The American Dream or Just an Illusion? Understanding Land Contract Trends in the Midwest Pre- and Post-Crisis AUGUST 2019 | ANN CARPENTER, TAZ GEORGE, AND LISA NELSON The American Dream or Just an Illusion? Understanding Land Contract Trends in the Midwest Pre- and Post-Crisis August 2019 Ann Carpenter, Federal Reserve Bank of Atlanta Taz George, Federal Reserve Bank of Chicago Lisa Nelson, Federal Reserve Bank of Cleveland This paper was originally presented at a national Symposium on Housing Tenure and Financial Security, hosted by the Harvard Joint Center for Housing Studies and Fannie Mae in March 2019. A decade after the start of the foreclosure crisis, the symposium examined the state of homeownership in America, focusing on the evolving relationship between tenure choice, financial security, and residential stability. This paper was presented as part of Panel 2: “Homeownership Sustainability.” © 2019 President and Fellows of Harvard College Any opinions expressed in this paper are those of the author(s) and not those of the Federal Reserve Banks of Atlanta, Chicago, or Cleveland, the Federal Reserve System, the Joint Center for Housing Studies of Harvard University, or of any of the persons or organizations providing support to the Joint Center for Housing Studies. For more information on the Joint Center for Housing Studies, see our website at www.jchs.harvard.edu Abstract This paper examines contract for deed activity across six Midwestern states to improve our understanding of this market and the places in which this activity occurs. Using contract for deed transaction data from ATTOM data solutions and block group level data from the Census, we examine neighborhood characteristics where contract for deed activity is prevalent and assess the differences between contract for deed sales and mortgaged sales on select transaction characteristics.
    [Show full text]
  • Owner Finance! No Banks Needed!” Consumer Protection Analysis of Seller-Financed Home Sales: a Texas Case Study
    Digital Commons at St. Mary's University Faculty Articles School of Law Faculty Scholarship Spring 2013 “Owner Finance! No Banks Needed!” Consumer Protection Analysis of Seller-Financed Home Sales: A Texas Case Study Genevieve Hebert Fajardo St. Mary's University School of Law, [email protected] Follow this and additional works at: https://commons.stmarytx.edu/facarticles Part of the Law Commons Recommended Citation Genevieve Hebert-Fajardo, “Owner Finance! No Banks Needed!” Consumer Protection Analysis of Seller- Financed Home Sales: A Texas Case Study, 20 Geo. J. on Poverty L. & Pol'y 429 (2013). This Article is brought to you for free and open access by the School of Law Faculty Scholarship at Digital Commons at St. Mary's University. It has been accepted for inclusion in Faculty Articles by an authorized administrator of Digital Commons at St. Mary's University. For more information, please contact [email protected]. Georgetown Journal on Poverty Law & Policy Volume XX, Number 3, Spring 2013 ARTICLES "Owner Finance! No Banks Needed!" Consumer Protection Analysis of Seller-Financed Home Sales: a Texas Case Study Genevieve H6bert Fajardo* I. INTRODUCTION Somewhere along the continuum of property rights between owners and renters lies a peculiar property interest called a "contract for deed." Contracts for deed are executory contracts in which buyers purchase their homes with installment payments while the seller holds the deed as security for payment.' In many states, especially where land is cheap and plentiful, seller financing through contract for deed fills a necessary gap in the increasingly tight credit market. A family with $4000 in cash and no credit history will not qualify for a traditional mortgage, but may be able to find a home for $19,000 that the seller agrees to finance at 9% interest.
    [Show full text]
  • Chapter 5 CA$H NOW SELLER FINANCING
    CA$H NOW SELLER FINANCINGTM INTRODUCTION This booklet is a prequel to my forth coming book, “Financing Outside the Box, an Introduction to the Subject of Creative Financing and Commercial Financing”. For almost 20 years prior to the Mortgage Meltdown that began in 2007, the United States enjoyed an unparalleled period of “easy mortgage money”. During this period of time, interest rates were generally declining and the requirements to qualify for a loan were getting easier and easier (and therefore ultimately responsible for the Mortgage Meltdown). Because of this long period of “easy money”, there now exists a whole generation of Real Estate Professionals and Investors who don’t know how to buy and sell real estate “When the Bank Says No”. But it wasn’t always like this. When I began my real estate career in Fairbanks, Alaska in 1962, there was very little bank financing available and most of our transactions were made using what is now referred to as Creative Financing. Unfortunately, what many of us Old Dogs learned as Young Pups has now become a lost art. In an effort to help those not familiar with Creative Financing, in 2008 I wrote a booklet called Financing Outside the Box and published it on my website. You can still download a free copy of this booklet at www.Cash4You.net. However, I believe there is a need for an updated and more comprehensive treatment of the subject of Creative Financing and that’s why I am currently writing the full book Financing Outside the Box. Copyright 2011 CASH NOW Financial Corp.
    [Show full text]
  • Creative Seller Financing
    CREATIVE SELLER FINANCING VOLUME 1 Getting Started Creative Seller Financing – Volume I “Getting Started” Warning! Please Be Aware If the wire security seal running through the holes of the pages of this home study manual is damaged, cut or destroyed in any way or any of the holes of the pages in this manual are ripped out any Money Back Guarantee offered by the author will be null and void. Such damage to the security seal or the pages in the manual will make the return of this product for a full or partial money back return of funds null and void and will NOT be honored by: Lawrence Harbolt or Harlon Publishing LLC 1 NO MORE BEGGING NO MORE QUALIFYING NEVER BE FORCED TO USE A BANK TO BUY A HOUSE ©Copyright Lawrence Harbolt MMDCCLXX A.U.C., All Rights Reserved Creative Seller Financing – Volume I “Getting Started” This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. The following information is given or sold with the understanding that the publisher is not engaged in rendering any legal, accounting or other professional services of any kind. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. From a Declaration of Principal jointly adopted by a Committee of the American Bar Association and a committee of Publishers and Associations. Published By: Harlon Publishing, LLC. P.O. Box 41251 St. Petersburg, Florida 33743 2 NO MORE BEGGING NO MORE QUALIFYING NEVER BE FORCED TO USE A BANK TO BUY A HOUSE ©Copyright Lawrence Harbolt MMDCCLXX A.U.C., All Rights Reserved Creative Seller Financing – Volume I “Getting Started” COPYRIGHT NOTICES © Copyright Lawrence Harbolt, MMIX.
    [Show full text]