Owner Financing rules

[Jeff Cupp]

I have been doing a ton of research on the HR1728 bill and the changes to owner financing. I am confused as to what the changes are and how to work deals to follow the new rules. I am not even sure this bill passed but from what i am seeing there were other things passed in previous bills that could effect owner financing deals.

Does anyone have any information on what has to be done now to construct a owner financed contract?

It was my understanding prior to new laws all that would have to be done is a contract with the owner to finance the property and all of this could be done between the owner and the seller. Can someone confirm or correct me on this?