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<p class="MsoNormal"><span style="font-size:11.0pt">Listmates, I always get tangled up in the exemptions for Seller financing. I know there are both State and Federal rules. I have a client that wants to do Seller financing on their personal residence.
Interest only with a rate change at 2 years, balloon in 5 years. This is their one and only sale. My concerns are that the loan is not fully amortized, there is a rate change mid term and it has a balloon in 5 years. I think it is OK, I just can’t seem
to confirm it. Shockingly, DFI won’t return my calls. Thoughts? Thanks, Craig <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">GOURLEY LAW GROUP</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">THE EXCHANGE CONNECTION</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">SNOHOMISH ESCROW
</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">P.O. Box 1091<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Snohomish, WA 98291<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">PH: (360) 568-5065 (800) 291-8401<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Fax: (360) 568-8092
<o:p></o:p></span></p>
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