Help With Contract Subject To

I am trying to sell a property that still has a 2 yr PPP and would like to sell as a lease option. Lease Options would / could cuase a due on sale with my lender Countrywide I believe. So is there a better way to sell this property with 100% Owner carry? I am thinking of a subject to deal. What do you think as I have not sold a property before. ( like to buy and hold).



Thanks, Colin

Comments(3)

  • LeaseOptionKing8th June, 2006

    How do you get rid of the Resident if he quits paying?
    [addsig]

  • mtnwizard8th June, 2006

    It is a simple eviction. He owns personal property, not realty.

    Da Wiz
    not a lawyer

  • Colinl228th June, 2006

    Thanks for the trust idea. I will look into this route. Colin

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