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Montana Fixed Rate Note, Installment Payments Secured by Personal Property Form

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Montana Fixed Rate Note, Installment Payments Secured by Personal Property Form

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[Music] evan's with us in winston-salem hi evan welcome to the ramsey show hi dave how are you better than i deserve what's up um well me and my wife uh we're on baby step 3b trying to stay for a house and uh we've got a chance to buy a house um from a family member um she's my wife's cousin and uh not really like a close family but they're offering it to us at um 3.5 interest on a 15-year fixed rate owner financing and i've called around to the banks the best that i can do is probably around four or a little over four and so we me and my wife were longtime listeners and we just wasn't sure about owner finance center if that was a safe thing to do owner financing is as safe as anything else if you have a good attorney draft they equip draft the uh documents it's not a land contract it's an actual mortgage and the deed of the house goes into your name yes okay there's no land contracts at all

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