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Updated over 6 years ago on .

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.