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Updated almost 3 years ago,
Process for seller financing?
Hello,
I'm looking to understand the process for a seller financing transaction with the owner that is a relative.
My understanding is that a Real Estate Attorney would draft a sales contract and a promissory note, and the title company would do the deed of trust. Is this correct?
I was talking to an attorney today that told me that the title company would be the one doing the promissory note so I'm a bit confused, would love to get a bit more clarification on the actors involved and who does what.
I'm in CA
Thanks a lot in advance