Better To Find Sellers With Equity?

Is it better to find sellers with equity then none? Why and how come?

Comments(2)

  • LeaseOptionKing2nd December, 2006

    Definitely. If they have equity, they will maintain comunication with you and make everything smooth when closing. If no equity, get the Deed (sub2). If 10 percent equity or less, pay the bank directly. If 20 percent or more, you are probably safe paying the Seller directly if that becomes an issue of conflict.
    [addsig]

  • JimmyD2nd December, 2006

    Thanks King

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