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Sedona, AZ - second home part sale option? Archived From: Finance

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   posted: Mar. 6, 2008 @ 4:14p
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I own a second home in Sedona (Oak Creek Village). It is a beatuful retirement area (Red Rock country) close to Grand Canyon. I am looking into options to partially sell the property to co-buyer who would be interested in living in it and managing it - basically making it his/her own home.

Has anyone done such transaction before? Any advice would be welcome.

   posted: Mar. 6, 2008 @ 4:15p

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   posted: Mar. 6, 2008 @ 4:30p
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Just stop making your mortgage payments. That's what everyone else is doing.

   posted: Mar. 6, 2008 @ 4:34p
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Why would I do that? So the bank would own it?

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