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The rental amount the tenant/buyer is paying me matches my mortgage payment, taxes, homeowners insurance, and/or homeowners/condo fee. Should I just have them pay it directly?

April 26, 2017buyer Homeowner homeowners insurance mortgage paying payment rental taxes tenant

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The rental amount the tenant/buyer is paying me matches my mortgage payment, taxes, homeowners insurance, and/or homeowners/condo fee. Should I just have them pay it directly?

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No. It could be misconstrued as an installment sale or contract for deed. This may give your tenant/buyer equitable interest in the home, which would make it difficult to get them out of the home if they are unable to perform. Consult a local real estate attorney for details.