Can I enter into a lease to buy of property that I own but owe money on?

Dear Inquirer:  You may have someone take over the paymentts, but unless you enter into a written agreement with some assurance, such as a payment bond,  that the purchaser will faithfully make payments timely and fuly, you may still be liable for the debt!!!

Also, you m,ust have the permission of the lender or note holder, to substitute the new party, since they would want some assurance that this new purchaser can pay and will pay, etc.

I urge you rertain an experienced Attornery to prepare the proper documentation - i.e. a written agreement, and have the purchaser post a bond underwritten by a reliable insurance company.

Good luck.

Sincerely, J. Normsan Stark.