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yes, you can,, but you would be better off selling the home as a lease purchase option, and sell the purchase option/right to buy the home at a future date for 10,000.00 , but have a separate lease... if this contract is veiwed as a mortgag you may have a hard time getting rid of the people living in your home. you can also word your rent contract where it says that a certain part of the rent can go toward the purchase price when the rentors/buyers are able to purchas the home, but if they are not able to buy withen say a year or two they lose the rent credit. i also wouldn't let the lease be for more than 5 years because in a court case it might be determined that the leesors have an equity claim.
What else can I help you with?
What would a monthly payment be on a purchase of a 10000 car at 5.9 for 4 years?
$234.39 assuming zero down and you pass a credit check.
I bought a house on contract bond for deed the seller took out a mortgage on this house and we recently found out that he is losing it by foreclosure what do I do?
You need to seek the advice of an attorney in your area ASAP. Bring a copy of your contract with you. You have encountered one of the worst disadvantages of purchasing real estate via a contract for deed. You can read all the aspects of such a sale at the link below. Scroll down to "Contract For Deed".
What is spelled the same backwards forwards and upside down?
DEED. Some people think NOON but the N's would be backwards.
Does Bond Bond exist anymore?
The shop Bond+Bond dose not exist anymore they have closed down.
Can you purchase a home with a credit score of 597 with no money down but have tax issues?
It is possible but will require "creative thinking" on your part and your REALTOR. Possibly you could find a seller willing to sell by using a Contract for Deed agreement.
How many hundreds is in a million dollars?
1,000,000 / 100 Cancel down by '2' zeroes. Hence 10000 / 1 = 10,000 ( Ten thousand).
What is 3 over 30000 simplified?
3/30000 Cancel down by '3' 1/10000 ( One over ten thousand).
Can you put a direct deposit down on a home?
"You will, in fact, need to provide some type of deposit down on a home you intend to purchase and the monies usually need to be in an easily accessible account, such as a checking or savings account, a 401k account or a bond."
How many jobs were lost when johnsons tiles in Tunstall closed down?
10000
What are the release dates for The Penguins of Madagascar - 2008 Operation Good Deed When the Chips are Down 2-33?
The Penguins of Madagascar - 2008 Operation Good Deed When the Chips are Down 2-33 was released on: USA: 8 October 2011
What is .01051 as a fraction?
0.01051 = 0.01051 / 1. 0000 Cancel down the decimal point 001051/10000 Ignore the prefix zeroes. 1051/10000
Where can I find the lyrics to Lil Wayne's 10000 bars?
No where everyone's to lazy to write them down. :/
