Seller Financing offer

[Kenny Gill]

I want to buy a property using seller financing. I need to draw up all of the paperwork & make the offer to the seller @ a price of 40k w. 5k down & terms of X per month for 84 mo's. My problem is that my lawyer that I have used in the past is not familiar w/ these types of deals & does not feel comfortable drawing up the paperwork. The seller is selling his deceased fathers house & is not familiar w/ these types of deals, neither is his realtor. I need to sell everyone on this deal. Can someone point me in the right direction as far as obtaining & preparing the offer docs to get this deal done.

[Sharad M.]

I would say work with a different lawyer that has experience with seller financing deals. Also, it sounds like that there's no agent involved so it might not be a bad idea to find a good agent who has experience with these type of deals. Also use a good title company for the mortgage payments.