Seller financing deal closing attorney

[Charlotte Dunford]

In a seller financing deal, does the seller pay for their own doc prep fees including the promissory note? Also, is the title company supposed to provide you with the information on the closing costs? Thanks all. 

[Jim Tassoni]

@Charlotte Dunford I agree with @Tracy Jarchow I would always rather draft the contract.  That way you know exactly what’s in it and can tailor the language to your specific desires for the deal.  That’s why I prefer to send PAs when making offers as opposed to LOIs.  That way you get ahead of it.  Good luck!