Good afternoon BP, I found a good deal in my home town and I'm looking for advice on what paperwork I should use when writing an offer to purchase a home on seller financing. Also if there is anything else I should know before setting out and starting the process as it will be my first attempt and start to real estate investing. thanks guys
Hey @Mark Johnson , did the seller already agree to do financing for you, or are you trying to determine if they will or won't? Is this a private seller or is it listed with an agent? Just need a bit more context, then can try to give you some direction. Thanks.
To be honest I haven't approached him yet, however he is actually my neighbor and he is a widowed retiree who is looking to sell and has been for awhile. He is selling without a realtor. He has told me he'd be willing to get out of if for $30000.00 less then market value to just be out of it. I don't know if the home has a mortgage or not but knowing his financial status its is surely paid for.