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Buying & Selling Real Estate

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Justin Noethe
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11
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Seller Financing Question

Justin Noethe
Posted Sep 19 2020, 08:45

Hello all!

I have an opportunity to buy a house using owner financing. The seller is open to it, but is older in age and would like to know what happens if they pass away before I am able to pay them off in full. Does anyone out there have a good answer or resource for this? Intent to reach out to a real estate attorney, but I wanted to see what I could find out before Monday rolls around. Any input or help is appreciated.

Thanks!

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