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Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...
Stephen Duncan (March 4, 1787 – January 29, 1867) was an American planter and banker in Mississippi.He was born and studied medicine in Pennsylvania, but moved to Natchez District, Mississippi Territory in 1808 and became the wealthiest cotton planter and the second-largest slave owner in the United States with over 2,200 slaves.
Gipson said the same company owns many thousands of acres of land in Mississippi. In the case of forest land, most of the foreign ownership comes from the Netherlands, he said. "This is a huge deal.
Seller financing contracts are subject to fewer consumer protections than mortgage loans in most states. While seller financing can provide a unique way for people with low credit scores to obtain a path to home ownership, they are considered predatory by groups such as the Center for American Progress. In addition, some investment firms have ...
Transactions involving deeds of trust are normally structured, at least in theory, so that the lender/beneficiary gives the borrower/trustor the money to buy the property; the borrower/trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower/trustor; and the borrower/trustor immediately executes a deed of trust giving the property to the ...
The Mississippi Supreme Court recently affirmed a Biloxi landowner's right to a disputed portion of land secured by the Spanish government in 1784. The decision is one that could throw the state's ...