Posted on: 29th Nov, 2010 02:59 pm
I want sell my home and carry the note. The home will be in my name and the buyer will be paying the mortgage plus pay me for the equity plus 5% interest over ten years. What forms should I use to make this contract and is this legal to do.
Hi jimhowell!
Welcome to forums!
You will have to contact an attorney and he will help you in drafting the owner financing agreement with the required terms and conditions.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You will have to contact an attorney and he will help you in drafting the owner financing agreement with the required terms and conditions.
Feel free to ask if you've further queries.
Sussane
If you ever want to sell the note for cash let me know. I can't post my link but you can email me at "kimberlyrogers28@yahoo.com" and I'll send it to you. There are also some helpful articles on seller financing as well. Enjoy and hope to hear from you soon.
[Link deactivated as per forum rules. Thanks.]
[Link deactivated as per forum rules. Thanks.]
If you sell the home, how does it stay in your name??
If you sell it, you do not own it anymore
If you sell it, you do not own it anymore
