Anyone know of a of a good real estate lawyer in Tucson AZ that i can use with seller financing. I called a few with a google search and they told me they are “bankruptcy attorney's”
Real Estate Agent · Tucson, AZ · Member since 2022 · 96 posts · 73 votes
4y
You can set up seller financing directly with your preferred Title company and they have divisions that will do the servicing to boot.
I personally use Fidelity Title and have done several deals where they close the transaction, set up the first position lien for the seller who is providing the financing and then send out monthly reports as the buyer pays. Set up is $100 and monthly servicing is $25. Works great.
There are standard seller financing addendums you can get from any good real estate agent that go along with the purchase contract.
Investor · Phoenix, AZ · Member since 2016 · 349 posts · 418 votes
4y
I've seen Mark Zinman of Zona Law Group speak at the Phoenix AZREIA meetings. Not sure if he does business in Tucson, but I'm sure he'll have a recommendation for you if not.
Real Estate Agent · Tucson, AZ · Member since 2022 · 96 posts · 73 votes
4y
You can set up seller financing directly with your preferred Title company and they have divisions that will do the servicing to boot.
I personally use Fidelity Title and have done several deals where they close the transaction, set up the first position lien for the seller who is providing the financing and then send out monthly reports as the buyer pays. Set up is $100 and monthly servicing is $25. Works great.
There are standard seller financing addendums you can get from any good real estate agent that go along with the purchase contract.
Royal Legal Solutions is a great resource for what you are looking for. They have attorneys and CPAs on staff to assist with entity structuring, business planning, and tax planning. I am a consulting attorney with Royal Legal and happy to answer any questions you may have.