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interest when owner-financing

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patti Guest	Posted: Wed May 04, 2011 10:04 pm    Post subject: interest when owner-financing Like 0 Dislike 0 When I sell a home and owner-finance it, is there a limit to the amount of interest I can charge?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Wed May 04, 2011 11:56 pm    Post subject: Like 0 Dislike 0 Hi patti! Welcome to forums! There is no limit to interest that you may charge. However, normally the people who owner finance properties charge the market interest rates to the buyers. Whatever rate you charge, you need to mention it in the owner finance agreement that you sign with the buyer. Feel free to ask if you've further queries. Sussane

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