If it is the first mortgage go for it.if it is the second mortgage don't touch it. There is no such thing as a parchal mortgage it should be a mortgage regardless of how much they pay down that is just a down payment it is 10% or 80%. wether. You hold the first mortgage they pay 100,000 down the rest to be paid every once a month. if they go over 30 days you can file fore closer. Second mortgages aren't worth the paper they are written on. If the place is sold on the court house steps they get a clear deed. dont ask me how I know but I am about 10,000 short of what my life time income chould have been was an a costley lesion. Will not do that trick again an the guy that pulled the trick was supposed to be one of my best friends.
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Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
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