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Feb
19
2009

Can I Sell a Second Note and Deed of Trust? The Perils of Subordinate Paper

Mortgage Note News
When most people think of seller financing, they think of carrying a second.  Buyer puts down 10% cash, gets a 75% traditional loan, and asks the seller to carry a 15% second.  These deals can definitely help get real estate transactions closed and are a great tool for maximizing price point and creating liquidity in [...]

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