I am trying to do an owner financed contract but the current owner has an outstanding loan on the property. Can we still owner finance and when does he have to pay the lein off? Is is it legal in the state of georgia

i see lots of owner-financing questions up here. i cannot fathom how an owner can undertake the financing of a sale to another party while still owing on an existing loan. it's clearly not something that is viable. i am at a loss to understand why a potential buyer/borrower would be interested in such a transaction without legal counsel. it seems nobody wants to be bothered with lawyers anymore.

You will absolutely need to involve a attroney to getthis legally documented