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Seller Financed Ground
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DB Tracks
Posted 4/16/2014 17:51 (#3820221 - in reply to #3819294)
Subject: RE: It is likel;y a wash.....................


Camp Douglas Wi. 40miles nw of wi. dells
I understand the concept very well, But as a young man back in the mid to late 80s my bro & I bought several farms on land contracts, I sat down at the sellers place & worked out details that both of us agreed upon, then I told the ouwners to go see there tax people before they took it to a lawyer to see if they wanted to do something diffrent. If you as a buyer come up with high intrest & low princple payments that could through a red flag up with the tax or lawyer, we were the benfisher of someone trying to do that on one farm.
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