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Must Foreclose Land Contracts with Just 5% Equity - Lions and Tigers and Bears, Oh My!

March 14, 2019 12:00 PM | Anonymous


Learn about a new law that just passed the House on an 82-14 margin. The bill REQUIRES foreclosure actions in cases where a land contract buyer has paid just 5% equity into the property! This is a drastic change from the current 20% case law and will affect Thousands of Investors. Get invovled with your legislators. Indiana State REIA is fighting this too.