How to Structure a Seller Financing Deal?

[Andrew N.]

I was wondering if there was a definitive article/blog/forum post that summed up the exact process for creating a seller finance deal. I've searched the forums and there are a number of "Pro/Con" type articles but fewer with details on how to actually structure the deal. I realize the deal can be as complex or simple as you want but I was hoping to get a list of best practices or pitfalls in terms of setting up the terms. Basically is there an A to Z process other than just "consult with a real estate attorney"?

Also are there any good threads that outline the advantages of deferring Capital Gains Tax using an Installment Sale (Seller financing) for a low income retirement age seller?

In my case the default risk is assumed to be very close to zero with high credit individuals who are related to the seller.

Thanks in advance for any feedback.