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Updated almost 6 years ago on . Most recent reply
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What are the details and processes of a "second to" deal?
I understand what a "second to" basically means, but who has to be part of it, what documents are needed, and what is the flow of the process?
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@Ned Carey Well, I feel like an idiot... My apologies. I did mean "subject to". This teaches me to not post anything as I'm dozing off. So like other seller finance options, it's all about the contract? If this is the case, in the simplest terms the seller and buyer would sign, meet at closing with the Title Company, and deals done? No one else is needed? No other steps? I am not including possible due diligence steps such as inspections and such.