02-05-2021, 01:09 AM
We sold a property as an owner finance and we would get an offer about every 4 months from a company wanting to buy the finance contract from us. If I remember correctly their offer was about $6k under what the buyer owed us. And all the interest they would collect, of course.
I would have considered it if I thought the buyer was a problem or might stop making payments or something, but otherwise it would have only appealed to somebody who needed a lump sum right away.
I would have considered it if I thought the buyer was a problem or might stop making payments or something, but otherwise it would have only appealed to somebody who needed a lump sum right away.