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Seller Financing

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Post Posted: Fri Apr 16, 2010 11:27 am    Post subject: Seller Financing
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OK I am buying a property from a family friend. The house is free and clear. The property is in florida. We want to put my name on the deed and then have them as a lender or lien holder.. What deed do we need to file? The house has no liens, no backtaxes, its free and clear.
purchase price is 32k
I am putting 3kdown
so I would owe 29k... what deed do we file in florida?

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adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Sun Apr 18, 2010 10:17 pm    Post subject:
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Hi Guest,

In order to get the property transferred in your name, you can ask your friend to sign a quit claim deed. The deed needs to be notarized and then recorded at the county recorder's office.

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