«
»

I want to owner fiance my rent house to my current renters. How do i go about the paper work? Who do i talk to

January 25th, 2010 by admin
rent house now
The renters that live in my rent house right now have lived there for about 10 years and have been on time on their monthly rent. I am not in a hurry to sell my rent house but i would like to owner finace with them. The renters don’t have very good credit but they are very intrested in buying with owner finance. If I owner finace it would be a win win situation. I can sell my house and maybe get some interest on top of that and the buyers would get to own their first home.

No related posts.

4 Responses to “I want to owner fiance my rent house to my current renters. How do i go about the paper work? Who do i talk to”

  1. 1Yanswersmonitorsarenazis

    A few hundred bucks spent on a real estate attorney would be money very well spent. You don’t want to do this wrong.

    Comment on Jan 28th, 2010 at 11:55 am  
  2. 2pwi2366

    You don’t need a Lawyer. Go to a title company. They can handle it for you.

    FYI: A lawyer will charge you, and then have a title company do it. You pay the lawyer AND the title company.

    Comment on Jan 29th, 2010 at 10:44 am  
  3. 3exbuilder

    Here is a link to a Wiki “How-to” article that pretty much walks you through the process:

    Good luck with your real estate endeavors.

    Comment on Feb 1st, 2010 at 7:07 am  
  4. 4Blueyedshewolf

    I would suggest coming to the terms you both agree upon and then have a real estate attorney write up a land contract for you guys. It will be money well spent and it will protect both parties involved in the transaction. Also consider having it recorded at the local recorders office. Good luck!

    Comment on Feb 2nd, 2010 at 11:05 am  
Comments are currently closed.
«
»