re: Owner Finance for home

My ? Would be if they can't get financing how do they plan to fund the balloon payment in 4 years? Seems like you are carrying the risk for 4 additional years while they get any market upside/appreciation. If there is are maintenance issues a large special assessment or market value drops.you'd be stuck with the bag. How friendly is local jurisdiction to tenants versus landlords/financiers? Would foreclosure/eviction be straightforward and quick or drawn out and costly? If you have to take "their" home back be prepared.for it.to be trashed out of spite or just neglect.

Caveat, thats just few concerns off top of my head. I dont have any specific insight into.local market, owner financing or condos.