How Do I Do An Owner Will Carry?

I have a property that my current renter wants to buy from me. I want to carry the loan for a year then have them get their own loan after. The property is worth $675K with a monthly payment of $3400 not including tax and ins. I want to sell them this property because it needs repairs = $15K+. Can anyone help me with this deal? Or more specifically, how do I do an owner will carry deal and sell the property AS IS. Thanks for all your help!

Comments(3)

  • InActive_Account13th May, 2004

    Hi alvinpapa, I sent you a message, talk to you soon.
    Chris

  • InActive_Account13th May, 2004

    Hey, how about sharing with the rest of us? I want to know too.

  • commercialking13th May, 2004

    go down to your local title company and get a Agreement for Deed form. (also knows as a land contract) fill in the blanks, have both parties sign. Get a check. move on.

    Short of that hire an attny who does real estate. He will fill in the blanks for you and charge $200.

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