Updated about 1 year ago on . Most recent reply
Seller Financing Resources Guide
We are putting together a Seller Financing Resources Guide, I wanted to get feedback to see what kinds of information you think would be helpful. We want to put in it as much information as we can that a seller would want when considering holding financing. thanks in advance.
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Jack - Elements of seller financing that I think would be interesting to call out/explain are:
- Payment structure (length and rate) to seller.
- Tax Benefits of receiving installments instead of a lump sum payment.
- Legal Options for the seller if the buyer does not make payments.
- Visual/Explanation of how the loan looks on the HUD-1 at closing.
Good Luck!