Owner Financing Advice Needed

[Dan Biga]

I have a 2/2 condo in Gulf Shores, AL that I owe right at 250K...the condo is probably currently worth 115K...I have a potential buyer that is interested in me "owner financing" the deal, and she basically take over my payments...yes, she is aware that she will be paying more per month than what she could typically conventionally "buy" for, but she is recently divorced with some credit issues...my question is: how do I structure this deal, knowing that it might take 15 years for the original balance of my loan to come down to meet the appraisal so that she could then qualify for her own conventional loan?

Any advice/suggestions are welcome!!!