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msblackwell · Joined: 09 Nov 2009 Posts: 1 1.32 Dollars($)

I owner financed a house for a couple and now they are paying the note off early,which is great.
I just need to know as the seller do I just give them the deed ? I don't want to have to pay a lawyer.Is it their problem to get the house deed in their name?
I live in Texas and this property is also in Texas.

jenkin7 · Posted: Mon Nov 09, 2009 10:24 pm Post subject:

Hi msblackwell,

If you owner financed the house, you must have made an agreement with the buyers, right? It must be mentioned in the agreement what the buyers are entitled to get on paying off the note. I believe they should get the deed to the property once they pay off the note. However, it is always advisable to consult an attorney before you sign over the deed to them. This is to make sure the property transfer is done legally to avoid any issues in future.

jinosbrovens · Joined: 13 May 2010 Posts: 3 1.32 Dollars($)

The primary benefit to you of paying the buyer's agent is to get you a ready, willing, and able buyer as soon as possible.I've often thought of becoming a buyers agent here, it's taken me a good 3 years to fully know the market here in the South Wairarapa and still sometimes properties come on that surprise price wise and quality wise.

johnpeter123 · Joined: 21 Sep 2010 Posts: 4 1.77 Dollars($)

He is always advisable to consult a lawyer before signing the deed over to them. This is to ensure the transfer of ownership is legally to avoid problems in future.The main advantage for you to pay the buyer's agent is to get a ready, willing and able buyer as quickly as possible.

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buyers are paying real estate note off early,so do I just give them the deed?