Tim Willie Posted May 25, 2021 Share Posted May 25, 2021 I am in the process of completing a deal that will involve owner financing. However, the owner has a mortgage on the home that we are hoping to have remain in place. Do any of you have experience with doing this type of deal, specifically in CA, but in general is appreciated as well. I am mostly concerned about having the existing mortgage become accelerated if I record the transaction. So I'm wondering the best way to avoid having that happen, and if any of you know if Bank of America typically does routine checks on whether or not homes they hold mortgages on have been sold or have a title recorded in a different name.Thanks for any help.Tim Quote Link to comment Share on other sites More sharing options...
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