Question

In: Operations Management

If, under a real estate contract, the seller is to provide financing to the purchaser, what...

If, under a real estate contract, the seller is to provide financing to the purchaser, what issues should be discussed concerning seller financing?

Solutions

Expert Solution

If , under a real estate contract, the seller is to provide financing to the purchaser , following issues should be discussed concerning seller financing like principal amount of the loan, the interest rate, and the length of the time loan lasts. as there is chances that seller may charge higher rate of interest, seller may preferto give shorter time frame for the repayment of the loan. you should must discuss about the contingency . so these things should be discussed.


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