What Are the ACTUAL Steps in Structuring a Seller Financed Deal?
I have heard about 30 explanations of seller financing, but it seems that everyone's understanding or explanation leaves something to be desired...what are the actual steps?
1) Negotiate the deal
2) Negotiate Terms/Enter contract/ Open escrow
3) Title work
4) ....
5)....
What does the seller actually need to do to get the mortgage in place?...so, the deed transfers and then the seller has the ability to foreclose on the property if I cannot perform...how would that work?...
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Broker Ohio (#2021007233)
- 614-379-2017
- https://www.realizepm.com/