Posted by Brent_IL on February 12, 2004 at 21:05:20:
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Terms question - Posted by Mike
Posted by Mike on February 12, 2004 at 14:47:29:
If for example…there is a house that I will pay $200,000 for and the owner wants $100,000 cash
If I apply for a mortgage for 100,000 and the owner will agree to terms for the other 100,000, does the owner need to take out a second mortgage?
im just tryin to understand these different perspectives of buying property