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berettafan berettafan is online now
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Join Date: Feb 2006
Location: Maryland
Posts: 22,251
typically this is offered because no sane bank would finance the property at such a price OR no sane person would even think to ask a bank to do so.

OR the seller wants an installment sale for tax reasons.

OR, as mentioned, the seller is a top notch slum lord who fully expects 'buyers' to default after a period of time. Said 'seller' has figured out the short, inexpensive method to do all the req'd paperwork and legal filings.
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Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again!
I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions.
Old 07-22-2008, 07:48 PM
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