Legal Question in Real Estate Law in Missouri
Can I legally advertise a cash price and a higher owner financing price for a property I own in Missouri? I don't want to complicate the transaction with interest rates, but want to account for the greater risk of financing the property.
Asked on 11/21/14, 6:06 am
1 Answer from Attorneys
Anthony Smith
LawSmith
If you're not a realtor or broker, you may be able to make such an advertisement. But, your sales and transfer documents must still comply with the regs. And you will have tax implications, for the no interest loan
Good luck
Answered on 11/23/14, 11:44 am