Update on negotiations.

By | November 14, 2013

We are on draft number four of the purchase and sale agreement, and have approved and sent our first copy to the seller and his realtor. They should respond momentarily and negotiations will continue from there. The point of most contest as of right now is the interest rate, they are suggesting as high as eight percent. We believe that closer to four percent for this type of seller financing is more fair.

 

More updates to come,

 

-Ridge and Jonah

Leave a Reply

Your email address will not be published. Required fields are marked *