Not sure if this fits this category but I’m curious to know how best to protect myself as an owner in a seller financing agreement if seller dies and heirs choose to do something else with property?
For “seller financing” you want title transferred at closing, the seller holds a note and a mortgage, just like a bank. Heirs couldn’t change anything about this. Stay away from land contracts, “rent to own”, etc.
Typically contracts and owner finance agreements would be binding on heirs and successors. Make Sure you cover th is with your attorney.
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing