I have about $17000 in the bank as savings but dont want to delve into that unless absolutely needed and I have pretty good credit.

Buyer acknowledges that the property is sold 'AS IS' absolutely no repairs will be authorized."

Absolutely!!

These are still valid arrangements.The quoted part above is in reference to a contract for deed, not a Sub-2.Not speaking of politics as an opinion of one side or another, but your local political flavor absolutely influences the way the bench leans in any area, meaning that in very pro business areas that favor landlords for example, a deed in lieu of foreclosure will be looked upon through those glasses.

Absolutely awesome podcast episode!

Absolutely no insult intended.

In this case, you could absolutely include the rent from April 22 through today in the notice to pay or quit.Now, as far as prorating back to when you bought it, I think that depends on how rent proration was handled in your purchase.

I have absolutely no experience doing this.

The key is him living in it even if he buys it as commercial or in a company name his living in it will carry more weight in that determination.I get it that people want to be their own attorney, they might save $300 for a quick consultation, absolutely not a good idea when seller financing.Giving an option is not conveying any rights in title, you do convey an equitable interest up to the amount taken for the option price, you have control of the property to lease or leave it empty, whatever.

In this case, the owner absolutely has to approve the sale.