Legal Question in Real Estate Law in Florida

I selling my home in florida but the buyer wants me to let pay me off 7,000.00 for 4 years at 6% and she 82 years old if I do it how can I protect myself from any problems if something happens to her because of her age


Asked on 7/02/17, 5:05 am

1 Answer from Attorneys
Barry Stein De Cardenas, Freixas, Stein & Zachary

huh? you need an attorney to assist you in handling the closing and coming up with appropriate ways to handle this extended payout. if she is the only signator and you are in a second position, you would have to foreclose against her estate and all her heirs to get rid of the mortgage. seek some legal guidance

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Answered on 7/03/17, 11:55 am


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