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Updated over 6 years ago on . Most recent reply

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Bethany Duren
  • Sandersville, GA
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Do you need real estate attorney with seller financing in Georgia

Bethany Duren
  • Sandersville, GA
Posted

Do you need a real estate attorney if you do seller financing in Georgia?

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37
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Jeff Groudan
  • Investor
  • Fort Collins, CO
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Jeff Groudan
  • Investor
  • Fort Collins, CO
Replied

I don't know how Georgia closes specifically but I would always recommend you close with either a title company or real estate lawyer - whatever is typical in your state.

For all intents and purposes, closings with bank financing or seller financing are really the same.   The big differences are is the source of financing.   You will need a promissory note and deed of trust so you certainly need this paperwork drawn up correctly and filed.

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