Is it normal for a FSBO to require ss# when doing a land contract?

Posted by on Nov 24th, 2010 and filed under Developers. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

a seller is asking for our social security numbers to draw up a land contract, why would he need our social security numbers?

he has to annually file a form 1099-INT with the IRS telling them how much interest you actually paid for the year — which may be deductible to you.

Is it normal for a FSBO to require ss# when doing a land contract?

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