These are the questions I ask: Property Street Address: Property City and State: Type of Property: Asking Price: Name of the contact person: Contact information: Is the property owned by bank or private party?

My contract has a simple clause that says;Buyer may assign or otherwise transfer any of Buyer’s rights, title, and interest in and to this Purchase Agreement to a third party without the Seller’s consent.George

This file could have just as easily had dual interested parties.

I wa at a party with some friend chatting up the lack of real estate and got this idea that I should revisit that last duplex.

That said, it can certainly go any which way depending on the parties who particpate.In regards to different loan terms.

Good luck :)No.Didn't plan on writing it up myself.Come to find out a friend of a friend referred me to a lawyer that's on BP.I simply wanted to understand the situation a little more before I walked into his office.I'm not trying to fleece the buyer, but the buyer wants me to tie up my property with him on payments when I could actually get a cash deal now.Interest rate and terms will be agreed upon by both parties before the buyer puts down his Option Deposit.I will have my lawyer draft the documents and I'm sure he would want his lawyer to review them to protect himself.He will not live in this unit.He will continue living in his current residence but rent this unit out as an investment property.Thanks for all the sage advice guys!

Below is the part I figured you'd be interested in.

One of the party not paying is not your problem.

My favorite part is the podcast.That podcast has helped me get through many shifts.The podcast recently led me to Mike Butler’s book Landlording on Auto Pilot.This leads me to the reason for this post.I’m sure most of you know we had an extreme winter in Wisconsin this year.

The toughest part is finding out what works for you.