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Updated about 4 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Tyler, TX
39
Votes |
72
Posts

How to Close Seller Finance

Account Closed
  • Rental Property Investor
  • Tyler, TX
Posted

I'm looking at a seller-financed deal and am trying to determine how to get the property under contract for an inspection period and, subsequently, how to close. Specifically:

  • - Should I use the state RE commission contract to get under contract or is there a more effective way to get under contract? Can I connect seller and I with title company to have the title company attorneys write up the documentation to ensure accuracy and enforceability? 
  • - When closing, will title company instantiate all documents or will I need to get someone else involved? 

Does anyone have experience with this? Any guidance is appreciated. 

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