Contingencies In Offer Using Seller Financing
Good evening BP-
I may have an opportunity to purchase a duplex using seller financing but I wanted to know what sort of contingencies would be prudent in this case. I haven't received confirmation that the seller owns the property outright but let's assume they do for the sake of argument; I don't want the deal if it's some strange subject to or wraparound arrangement.
I'm assuming inspection, and some provision to ensure clear title? Possibly insurance?
What are some recommendations? Thanks in advance-
Jason