My wife and I helped a friend buy a place up by Florissant. We wound up purchasing in our name but did a Lease option to buy with the lease being basically a 10 year loan. She now wants to be able to sell at a profit, which we are totally good with. We would now like to put the property in her name with a note for the balance owing so she can put it up for sale. Can we do a simple recording of Note and Deed of Trust at the county without having to go through all the Title company stuff? Can you do that for us? (Also there is a single wide Mobile home to transfer) I am a licensed real estate broker in Washington. Thank you for any help!
The information provided is for general information and does not form an attorney-client relationship. See our .Bill HenryFounding Partner | 18 years of experience
Bill HenryFounding Partner 18 years of experience
Likely a Promissory Note and Deed of Trust is what you'll need. We can help you with that on a low flat fee basis. There are a few things that should be discussed before you draft and sign legal documents like title insurance, what happens if you don't get a quick sale, homeowners insurance, etc. Just call us at 719-284-6262 or schedule a free case assessment at robandhen.wpengine.com/locations.
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