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Updated almost 6 years ago on . Most recent reply

User Stats

46
Posts
9
Votes
Ramon Mota
  • Investor
  • Northern California
9
Votes |
46
Posts

Owner Financing how to and pitfalls

Ramon Mota
  • Investor
  • Northern California
Posted

Hi I'm new to selling property. We have a restaurant that is paid off and would like to sell. We received out first offer and they want owner financing. 

How would I set up a contract that protects my interest and will not force me to sell if they back out later. 

can I have them do a payment and make it non refundable if they don't have financing by the end of the term.

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