Updated about 4 years ago on . Most recent reply

SFBO with Seller Financing in San Francisco
Can anyone walk me through the steps and requirements for buying directly from the owner with owner financing? The property is a 4plex in San Francisco, one unit occupied with a protected tenant.
Do I need to do a title search or does that happen automatically on change of title? Do I still need title insurance? Is the seller required to provide any inspections or other documents? IS there a timeline for closing since there's no bank involved?
Any advice is much appreciated.