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Updated about 2 years ago,
Seller Finance- Structure/ Title Question
Hi, I have a silly question I am located in Metro Detroit . I have a seller who has accepted the terms to the seller finance deal its a Win-Win situation. Im ready to have them sign but previously I purchased with Hard Money/ Private Money so I just use a Purchase Agreement and send to the title company.
Since this is seller finance is this considered a land contract when I tell the title company or would this be different?
Want to make sure I have the right paperwork