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Updated over 2 years ago,
Seller financing - what are licensing requirements
Hey All - I live in Nebraska. I am currently getting ready to move out of state and I have a rental I own free and clear here in Nebraska that I do not wish to manage from OOS. I am considering selling it with owner financing. Can I finance the sale of this property I own without being a licensed mortgage company? Or should I consider rent-to-own? The problem I see with rent-to-own is that I am still the landlord and if something goes wrong the call me to fix, which is the exact situation I want to avoid. As a note - there are NO property managers within 40 miles of the town I am in. So that is not an option. Any thoughts? Thanks - Bob