the risk is with human, not system.

I had done wrap around on both side, as buyer and seller.  I still have many properties bought under land contract.

risk as a buyer, is you always 2nd, if seller didn't pay the bank, you lost it all.

risk as a seller, is the buyer don't pay, you have to foreclosure, longer than eviction.

所有跟帖： 

• 精髓，是这个道理。 -SunshineInCA- ♀ (0 bytes) () 12/25/2011 postreply 09:16:23

• 回复：the risk is with human, not system. -392- ♂ (109 bytes) () 12/25/2011 postreply 09:46:30

• If you can not get 4% for 30 years on the market -monkeyboy- ♀ (209 bytes) () 12/25/2011 postreply 10:52:38

• How do I deal with these risks -monkeyboy- ♀ (1444 bytes) () 12/25/2011 postreply 11:15:01

• That's not enough to avoid the risk -texastrader- ♂ (1637 bytes) () 12/25/2011 postreply 11:30:05

• Agree with your point -monkeyboy- ♀ (1608 bytes) () 12/25/2011 postreply 12:11:32