A wrap-around mortgage is a type of financing, similar to owner financing. In a wrap-around, the seller has a pre-existing mortgage on the home, but you aren't assuming his loan. Instead, you're ...
Question: What is a wrap-around contract? We are looking at buying a home for sale by the owner, and they are offering to sell to us with such a contract. J.M., Duvall Answer: Frankly, I would not ...
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