Experienced in seller financing?
Hi BP world!
I own a handful of properties in NWI which I would like to Seller-Finance sometime in the next few years (not in a hurry).
Are there any NWI investors out there that would be willing to let me shadow the closing process on one of their seller-financed deals? I'm not a novice investor, but I've only closed traditional sales. Specifically, I'm wondering how the title process and closing disclosure documents might differ (if at all) during a seller-financed transaction? I'm also curious what additional risks I should consider before approaching a seller-financed transaction. For example, I believe I remain liable for unpaid taxes and/or building damage or city fines as the primary lien holder. Any feedback helpful; shadowing a closing process would be ultra-helpful.
Thanks!