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Updated over 12 years ago,

User Stats

432
Posts
63
Votes
Shari Posey
  • Residential Real Estate Agent
  • Long Beach, CA
63
Votes |
432
Posts

Are their 3rd Party Options for Structuring Seller Financing?

Shari Posey
  • Residential Real Estate Agent
  • Long Beach, CA
Posted

I'm a real estate agent who has a seller offering financing on a single unit. We also have a buyer who wants to buy with seller financing. This is an area that neither I nor the seller have experience with. Because of the SAFE Act I'm nervous about proceeding too far into the deal. Is there a 3rd party type of company that can assist with this? Or is the best option a real estate attorney? I talked to a mortgage broker and he said he wouldn't touch it with a 10-ft. pole because of the new regulations.

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