Land Contract Opinion

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I currently rent a home. When I found my home to rent it was up for sale, then the owner took it off the market to rent it to me. He had said that if down the road I wanted to buy it that he would definately intertain the thought. (I assume that he meant straight out purchase) What I would like to do is ask him if he would consider some sort of creative financing, like land contract. I don't know what to say or how to approach him. Got any opinions of how I can do that?

Thanks, :-?

Comments(2)

  • myfrogger4th July, 2004

    Just talk to the guy. I don't have any advise really other than just saying something like--hey john, I would really like to buy this house--can we sit down sometime and discuss it more?

  • b1a25th July, 2004

    I just thought somebody might have an idea of what to say, so I wouldn't sound like an idiot just mumbling trying to get out what I wanted to say, because I have to do some sort of creative financing.

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