Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . presented by

User Stats

56
Posts
10
Votes
Nate Hananger
  • Investor
  • Las Vegas, NV
10
Votes |
56
Posts

Is a Contract for Deed the best instrument to use in CA?

Nate Hananger
  • Investor
  • Las Vegas, NV
Posted

Is a Contract for Deed the best instrument in California for owner financing?

I have this weekend to do my homework before speaking with an attorney on Monday. This will be my first owner financed sale in California.

The main goals: Control and protection, Ensuring that in the event of foreclosure the process is quick and non-judicial.

Anyone who has carried back a note in this state who can share their insights would be much appreciated. 

Also, in your experience, what has been a realistic fee to pay an attorney for reviewing and occasionally revising a Contract for Deed (or alternative instrument) prior to a sale?

Thanks in advance.