Posted on: 22nd Feb, 2010 01:22 am
I have a lease home and the tenants whatn to purchase it. Their credit is not good enough to qualify for a normal loan I am willing to finance them. I heard I could do an all inclusive trust deed. If I go this way do they own the home and responsible for keeping it up and repairs? How exaclty does this work? The home is in Texas
Hi,
Yes, They are responsible to keep it in neat condition & repair of home.
To know more clearly about deed of trust deed check this article by Admin Sam :arrow: :arrow: :arrow: http://www.mortgagefit.com/deed-trust.html
Thanks & Regards
gunz.ijjistaff :lol: :lol: :lol:
Yes, They are responsible to keep it in neat condition & repair of home.
To know more clearly about deed of trust deed check this article by Admin Sam :arrow: :arrow: :arrow: http://www.mortgagefit.com/deed-trust.html
Thanks & Regards
gunz.ijjistaff :lol: :lol: :lol: