QUESTION
Need advice on selling property to family member
Asked on May 26th, 2015 on Residential Real Estate - Texas
More details to this question:
I need to know what is the best case scenario for me to sell my house to my daughter and her husband. they are currently helping me financially with updates, etc. while living there. Lease to own, seller financing? we rather not have to deal with real estate agent and have limited funds.
1 ANSWER
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There are several ways to go about it. It really depends on what you are trying to accomplish. Most real estate attorneys would be able to help you. It could be a deed, a deed and a deed of trust with a promissory note, some type of executory contract, which is not generally as recommended.
Answered on May 26th, 2015 at 8:14 AM