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Updated over 13 years ago, 04/26/2011

User Stats

87
Posts
11
Votes
Scott Williams
  • Battle Creek, MI
11
Votes |
87
Posts

Seller Finance with Promissory note?

Scott Williams
  • Battle Creek, MI
Posted

I am thinking about selling a house to a family member using a promissory note with buyer getting the deed instead of using a land contract.

Not familiar with how to do it..since I own the house free and clear can I just add them to the deed, quit claim myself off and have them sign a promissory note with the terms written on it?

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