Hello everyone! Seeking clarity on seller financing... If I find a property on the MLS and the seller is willing to finance, how is this transaction usually carried out? Does the buyer deal directly with the owner or through the agent? If through the owner, what should the contract look like? Is financing an option? When doing seller financing, is the buyer responsible for repairs? So many questions. Thank you.
@Mstee Hill If it's on the MLS then usually through the agent still. As far as repairs, that can be however you negotiate with the seller. Anything goes with seller financing pretty much.
Understood. Thank you Jeremy.