Understanding Owner Financing and Notes

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Uploaded by on Sep 13, 2010

http://notequeen.com Basic introduction to owner financing and how it compares to a traditional transaction involving a bank loan. It shows how seller financing gives birth to the private discounted note business. http://notequeen.com/2010/09/13/basic-intro-to-owner-financing-and-how-it-giv...

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  • In an "owner finacing" situation, does the title get transfered over to the buyer and the former owner go on as Mortgagee or does the home stay in the original homeowners name until full payment is made? If it's the later, seems like there would be no tax benefit at all to the buyer, correct?

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