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Updated almost 7 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Kern County, California
  • Member since Feb 28, 2018
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Kern County, California
  • Member since Feb 28, 2018
Connect
Account Closed
  • Kern County, CA
3
Votes |
16
Posts
Buying & Selling Real Estate

Private sale contract. Deposit down and monthly installments. CA

Account Closed
  • Kern County, CA
Posted

I have a property advertised for a private sale and a prospective buyer would like to put a deposit down and pay the remaining balance in instalments. Any advice on the size of the deposit (%) that should be requested and any pitfalls I should be wary of? I will have an attorney write up the agreement but I'm curious as to other BP members experiences.

David

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