Legal Question in Real Estate Law in Arizona

I own a condominium and have a mortgage on it. Is there a way to privately sell the condo, using a seller carryback option, and keep my current mortgage so i will have more options to sell?


Asked on 10/15/10, 11:25 am

1 Answer from Attorneys

Donald Scher Donald T. Scher & Associates, P.C.

Yes, but you must be very careful how you do so. Be sure to retain legal counsel to handle the sale of the condo, so that your interests are protected vis-a-vis your mortgage and collecting the proceeds of the purchase price.

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Answered on 10/20/10, 2:25 pm


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