Need document for closing for note that will be satisfied at a certain price

I am buying a house with a second on it, the holder will discount the note but I dont know what to have him to sign and give to the closing agent....Please help.

Comments(1)

  • Tedjr12th March, 2003

    Give him a check and release of lien form. If you think he may get greedy and increase the payoff just write up a paragraph describing the property etc. and the agreement you reached. Does not need to be noticed or notorized. Hope this helps

    Thank you,

    Ted P. Stokely Jr
    11505 Sw Oaks
    Austin, Texas 78737

    512-288-6119

    tedstokely@austin.rr.com

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