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Updated about 4 years ago,
first time buying with seller financing
Hello Everyone,
I'm new here and had my first question for the community. I'm interested in buying a property and want to propose seller financing. I understand this conceptually, but now that I'm ready to act, I'm not sure where to get forms for notes, contracts, etc. I assume consulting with an attorney but was curious what you had to say.
I was also curious about how payments are handled. Do they typically go directly to the seller or is a third party used to avoid any disputes on balance still owed years down the line, etc.
Thanks,
Chris