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Richard Stephens
  • Homeowner
  • Aledo, TX
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owner finance Fort Worth,TX

Richard Stephens
  • Homeowner
  • Aledo, TX
Posted

Hey BP Community,I have a home that we owe 65k valued around 180k and want to sell as owner finance anyone know if i can do this with still having a mortgage? If so can anyone advise me how to structure the paperwork.Would i need an attorney to do this ? Regards,

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

@Samson Hollmérus....thanks for the shoutout.... For owner finance you can do this with what's called a wrap.

Call attorney Scott Horne in Garland.  He's an expert at owner finance and also runs a title company and note servicing.

This is not a DIY project.

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