People call me all the time wondering if they can use a vendor take back mortgage on the purchase of their new home. My knee jerk reaction is NO, but there are exceptions. I did the following video blog explaining why the vendor take back doesn’t work that well.

Enjoy!

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This entry was posted on Monday, November 30th, 2009 at 2:31 am and is filed under Home Buyer Info, Mortgage Myths. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.