Owner Finance Strategy

[James Jacobs]

What are the steps in approaching an owner finance deal when neither party has experience in this type of deal? I'm assuming that the terms really don't matter as long as both parties agree, but is there a rule of thumb as to where to start? Once the terms are set, where do I go from there? Title company? Register of Deeds? Underwriter? Etc? If anyone could share some experiences and/or reference material...it would be greatly appreciated!