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Updated over 5 years ago on . Most recent reply

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1,266
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226
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Mary Jay
  • Glendale, AZ
226
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1,266
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Sellers financing-sellers death- ways to prevent losing the house

Mary Jay
  • Glendale, AZ
Posted

Hi guys,

I was thinking of buying a house with a sellers financing.

Since the seller is old, around 80 years old, what is the way to structure the deal so if the seller dies, I would not be left without the house?

Would it be possible to set it up in a way that may be a title company will act as a fiduciary , and in case if the owner dies, as long as I complete all the payments I still will get the house free and clear even though the owner is dead by then?

What are the ways to structure it?

Thank you!

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