Real Estate Law
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I would like to keep the property in his name until its paid in full. Then transfer the deed to my name.
The property is worth more than whats owed .The loan is not in default at all.Can I do a lease perches between me and him and have it notarized and that be legal.Then later down the road I would finance in my name
When I do a contract for deed and then record it. will I be able to caim the taxes and interest and get home owners insurance in my name.I dont want to raise any red flags with his bank
When I record the contract for deed.will that action cause a problem between him and his bank in any way
Last Q when I record the contract for deed will they send me the tax info at the end of each year just like a warranty deed
Thank you very much