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How To Buy Family Owned Real Estate

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Mortgage Professional America | 06 Mar 2013, 12:49 PM Agree 0
An alternative to purchasing a house onn the open market is to purchase family-owned property. Buying a family-owned home allows the buyer and the seller to directly set the purchase price between themselves.
  • caland2005 | | 01 Jul 2016, 08:36 PM Agree 0
    You have your definitions backward on arms length vs. non arms length.

    Arms length is for no relationship--meaning there is a full arms length between the two parties.
    Non arms length means there is no distance between the two--they are related.
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