Seller finance with interest

Posted in Subject-To and Seller Financing
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  • Horacio Gutierrez
    November 14, 2019 at 5:58 pm
    Horacio Gutierrez

    Hello,

    Does the usury rate interest or imputed interest apply to seller finance in California or it doesn’t because it isn’t consider a loan even if you receive interest on the sale?

    Thanks,

    Mike Weiss
    November 28, 2019 at 2:32 pm
    Mike Weiss

    Horacio,

    Let’s use real situations.
    Where are you in the transaction?

    Give us some real numbers to chew on!

    Michael

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