In Louisiana, can a bond for work be executed on material estate to be exact already financed?
My husband and I are moving back to New Orleans. We have to deal in our property on the Northshore in order to purchase another within Orleans Parish. We have buyers who are very interested but are concerned roughly their ability to secure financing. We still owe on the property (about $118k) but I'm wondering if we can do a bond for action even though we owe on it.
Answers: you can do it.
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