Prior to the pandemic, we settled a commercial foreclosure action for $6,425,000.00. It was a seller-financed transaction, meaning that the buyer “borrowed” the money from the seller to purchase the property (no money was actually exchanged) and gave the seller a mortgage and signed a promissory note. No bank was involved. We never represent banks. … Read more
LENOIR LAW FIRM, PLLC
2585 Broadway, Suite 251
New York, NY 10025
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