I like the way you think! I see seller financing as an excellent opportunity for both the seller and buyer. However, although you are not in debt with a traditional lender, you are in debt with a seller. Similar rules apply with seller financing as they do with bank financing realting to liens and default situations. The major benefit to seller financing is the buyer will not pay all the enormous lending fees that can range from 3%-10% per deal, and the waiting period to get into your new home can be as little as 2 weeks. I would also suggest that both seller and buyer hire attorneys to reveiw the documents to ensure both parties are protected from a legal point of view.
Take some time and interview Agents/Realtors to find the best fit for individual situation.
Best of luck!
It can be done but, will take some persistance on the part of your realtor. They will need to start by first finding those listings that have been on the market for a long time. These owners are more likely to consider non-traditional sales. It is Excellent you have become debt free I salute you! You might even be able to find new construction if you are willing to use your land as collateral. Are you willing to trade some or all of the land for the home? 5 years is a long time to lease purchase. The longest I have done is 2 years. You need to find a very wise realtor that knows the north area of Charlotte and have them start the hunt.
Hope this helps,