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  • there is no option to buy back the home they live in the home and pay everything in the house right now. I have not given them the option to purchase the home back. I have let them stay in the house I am just needing the correct terms to put in the mortgage to hold my option

    Don what’s your email? Thanks Roger

    first mortgage is about 73k and second mortgage is arounf 37 k I had paid arrears already via western union for about $2,750. I just need to know the verbage for the mortgage to write. I just want it to say no other mortgages can subordinate over my mortgage, first right to redeem, and option to purchase for the reminder amount of the mortgage. Thanks Roderick

    I have not recorded this deed yet. The homeowner is very open to me and agreed to sign a mortgage to protect my position on this property. I had wanted to put a mortgage on the property for the $2,750 I had given them to reinstate there mortgage. I had wanted to place a option on this property with the mortgage and needed some verbage to put into the mortgage. I am looking to have first right or refusal of redemption if they loose this property again if it happens to fall into foreclosure and also have a call option to purchase for the amount left out on the mortgage. Thanks Roderick

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