Seller 2nd's
I'm buying a property that the seller is carrying the 20% down. I was wondering how that works and what forms I need to use? Is this just a simple promissory note? What other paperwork is involved and how do they get there name listed on the deed in the second position under the bank? Also do I need a real estate attorney to do the closing or should I do it at a title company?
Sorry for so many questions just trying to get it all figured out!