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Updated over 6 years ago, 06/28/2018

User Stats

10
Posts
1
Votes
Andrew Lemmie
  • Investor
  • Minneapolis, MN
1
Votes |
10
Posts

Seller finance contract

Andrew Lemmie
  • Investor
  • Minneapolis, MN
Posted

I am looking to put together a offer to purchase a property doing seller finance. I have no experience with seller finance. 

I have spoken to the woman that owns the home and she seems interested but I'm not sure what my next step should be. I think I would just write up an offer then present it to her for negotiations.

Where do I get contracts? Would a generic contract work or should I talk to a lawyer? 

I live in MN, is there something I should consider or know about seller finance specific to MN?

Thanks!

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