Seller-Financing - Agents/Attorneys

[William Barr]

When setting up a seller-financed deal, is it usually recommended to use a real estate agent to facilitate the deal? For those that may have closed on seller-financing without an agent, how did you do it? Also, is it required that the attorney I use for a seller-financed deal be located in state or can I use one that is out of state?

Bonus question - has anyone ever done a seller financed deal where they coordinated the sale of a promissory note from the seller to an investor (thereby directing your payments to that investor and allowing the seller to receive a full cash amount for the note)? How did that work?

Thanks!

William

[Gurbeer Sangha]

I've done numerous seller financing deals. The only thing you need is a reputable title company, and they will set it up for you. No need to have any other middle men involved