rent to own a home from the church?
My husband got a call from a close family friend, the bishop of a local church, and offered his old home to us that he gave to the church some time ago. he said they have been trying to sell it and couldn’t and he knew we wanted to buy it but couldn’t get a loan so they are offering it to us on a term of 0 a month for 10yrs (payments to the church)…it’s a lovely home but does need some updating, which we can do no problem, my husband and his family are in the construction business. It sounds like a wonderful idea but i’m a bit worried because the entire congregation "owns" it if there could be some unforeseen problems with that. and if so what could we do to protect ourselves for future problems? What do you all think? Thanks.