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Updated over 8 years ago on .

User Stats

5
Posts
1
Votes
Jonathan Ruiz
  • Hanover, MA
1
Votes |
5
Posts

Seller Financing - Down payment, interest, and managing note

Jonathan Ruiz
  • Hanover, MA
Posted

Looking to purchase a single family home in my neighborhood. Owner has pasted, heirs inherited the property. Property is owned out right. 

What's the best to structure a seller finance deal? 

What kind of interest rate should I propose? 

Is there a company that can manage the payments for us? Clearly defining the remain principle balance as get out in time? Is there a company that purchases owner financed notes? 

Thanks in advance.