Buyer Wants To Give Owner Financed Property Back To Seller

[Guy M.]

I sold a small home in the St. Louis, MO area to another investor on owner financing. This investor wants to give the property back to me and avoid the foreclosure process (I do too). What needs to happen?

[Jay Hinrichs]

if you transferred title do a quick title check before you accept a deed in Lui..  if there are judgements or leins you would be taking title sub too those leins.. and you will need to do a formal foreclosure to wipe anything junior out.