Seller Financing Question
My sister-in-law and her husband are about to put their house on the market near Ft. Riley, KS instead of renting it out because they’re tired of the hassle of scummy tenants. I think she’s in the perfect position to sell via owner financing but I’m not savvy enough to give her the step-by-step. For a first timer would it be as simple as approaching a real estate attorney for help crafting the note and going from there? In paying an attorney for their time, is walking you through the process part of what you’re paying them for? I can’t think everyone is self-taught and learned by trial and error. I know there’s a learning curve with everything but I’d hate for them to miss out on a great opportunity because I didn’t convince them to at least try calling someone. Thanks for any advice!