Hi guys,
So Im trying to buy a house using a contract for deed. The homeowner is willing to sell. The property is valued at 315k but needs around 60k-70k of renovation so originally I was going to offer 200k but then the homeowner said she’s willing to finance me with 0 interest ! So my question is do I take this into consideration when I make my offer? I don’t want to offend her and I know that I will be saving a ton of cash . What should I offer??
Also I was going to fill out a promissary note and a contract for deed. Are these the correct forms ?