Skip to content
Creative Real Estate Financing

User Stats

1,206
Posts
199
Votes
Mary Jay
  • Glendale, AZ
199
Votes |
1,206
Posts

Sellers financing-sellers death- ways to prevent losing the house

Mary Jay
  • Glendale, AZ
Posted Oct 23 2019, 15:31

Hi guys,

I was thinking of buying a house with a sellers financing.

Since the seller is old, around 80 years old, what is the way to structure the deal so if the seller dies, I would not be left without the house?

Would it be possible to set it up in a way that may be a title company will act as a fiduciary , and in case if the owner dies, as long as I complete all the payments I still will get the house free and clear even though the owner is dead by then?

What are the ways to structure it?

Thank you!

Loading replies...