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Final Notice of Default for Past Due Payments in Connection with Contract for Deed Virginia Form

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Final Notice of Default for Past Due Payments in Connection with Contract for Deed Virginia Form

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regardless if your buyer is paying you are not you need to pay your first lien on that property whether it's to a mortgage company a bank or to a seller direct now if the buyer goes into default don't hesitate you need to stay on top of your collections don't assume somebody else is going to collect your money better than yourself so be proactive when that buyer goes in default move quickly if the payment's due in the first late on the 10th for instance here in Texas five or ten days later I'm sending out a 20-day notice to cure the default which is the first foreclosure notice from there I will negotiate from a position of control so that if the buyer pays great no harm no foul if they don't I'm gonna go to the next level and I'm still going to accelerate the loan now I'm in complete control if the buyer wants to work with us and they honor their agreements great I'll just dismiss it and rescind the accele

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