Rick Mullen Realty Group

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  • Financing a Mortgage by a Family Member Part 3 of 3

    If first mortgage financing by a family member makes sense in your particular case, a first mortgage may be drafted by either a title company experienced in drafting first mortgages or a Real Estate Attorney.  It is important that both the Mortgagee ("the bank") and Mortgagor (the borrower) discuss issues of ...
    Posted to Rick Mullen (Weblog) by 543667 on February 3, 2009
  • Financing a Mortgage by a Family Member Part 2

    Financing a home through a family member may have pitfalls.  To simply and securely make arrangements for a family member to finance a new home purchase or refinance an existing home, it is critical that you utilize a professional Real Estate Agent and/or an Attorney and a title company that offers expertise in family ...
    Posted to Rick Mullen (Weblog) by 543667 on February 3, 2009