http://notequeen.com/2008/07/18/buyer-wonders-how-to-structure-an-owner-financing-offer-if-the-owner-will-carry-what-should-you-do/ Owner financing help, title holding land trusts, owner will carry, benefits of seller financing, defer capital gains, what is my note worth, sell my note for cash, create a good note; Pasadena, Temple City, Alhambra, San Gabriel, Arcadia, Sierra Madre, El Monte, Rosemead, San Marino. Wed, 08 Feb 2012 17:03:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://notequeen.com/2008/07/18/buyer-wonders-how-to-structure-an-owner-financing-offer-if-the-owner-will-carry-what-should-you-do/#comment-724 Michelle Charriou Thu, 30 Oct 2008 16:03:49 +0000 http://notequeen.com/2008/07/18/buyer-wonders-how-to-structure-an-owner-financing-offer-if-the-owner-will-carry-what-should-you-do/#comment-724 Is it risky? Is it a risk for a Seller to carry a note of 80% on a Residential lot in a gated community worth $1.million. This buyer who wants the note to be carried plans to build a home on this property work $1.million+. Wouldn’t the Seller/Note carrier be at risk if this buyer defaults on construction loan? Or a possible mechanics lien on the property during construction of home? This market in California is so volatile this scenario could possibly happen. I believe that if it were to happen the Sellers claim to the property on the note would not override claims by mechanics/construction liens and he could eventually risk loss of property and his investment entirely? Would this be the case? Is it risky? Is it a risk for a Seller to carry a note of 80% on a Residential lot in a gated community worth $1.million. This buyer who wants the note to be carried plans to build a home on this property work $1.million+. Wouldn’t the Seller/Note carrier be at risk if this buyer defaults on construction loan? Or a possible mechanics lien on the property during construction of home? This market in California is so volatile this scenario could possibly happen. I believe that if it were to happen the Sellers claim to the property on the note would not override claims by mechanics/construction liens and he could eventually risk loss of property and his investment entirely? Would this be the case?

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