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Updated about 2 years ago,

User Stats

18
Posts
5
Votes
William Barr
  • Investor
  • Atlanta
5
Votes |
18
Posts

Seller-Financing - Agents/Attorneys

William Barr
  • Investor
  • Atlanta
Posted

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

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