Calling the experts for advice on a sale, potential note

[Shadonna N.]

Experts,

Here is the scenario:

Property Location: DC

Tenant has been in place for 8 years.  Not elderly or disabled.  Wants to but the property.

Owner wants to sell

Option 1

Tenant purchases property.  If there is a mortgage on the property can the owner sell the property to the tenant and hold the note?   If the owner does not want to keep the note what is the market for a performing loan and where can it be sold.