Selling a house with owner financing
I own a house free & clear in Alabama and I'm selling it with owner financing. I contacted an attorney and he advised me that I would need to give the deed to the buyer after the contract is executed. If things go south, foreclosing would be relatively simple. This is a new concept for me. I am very uncomfortable giving the buyer the deed before all payments are made. Looking for advice from those investors in Alabama who have provided owner financing. Thanks.