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Not sure who to contact
Hello Bigger Pockets Fam!
I need a little help finding out who would be an ideal contact to start a Seller financing agreement. Im going to buy my parents apt, we have most of the details worked out but im not sure who i speak to to create the actual document.
Any direction would be appreciated!
Contact a real estate attorney with experience drafting seller financing mortgage agreements.
Congratulations!! Sounds like a solid deal and nice to do it with family.
But as @Charles Carillo said, even with family an attorney is going to be the best for drafting something like this. It is very important to not miss something.
Google RE centric lawyers, call the largest property management companies in the areas for lawyer rec's, or local investors or investment centric agents in the area to find a good one. Good luck and let us know what you figure out!
Thank you Charles!
Quote from @Max Ferguson:
Congratulations!! Sounds like a solid deal and nice to do it with family.
But as @Charles Carillo said, even with family an attorney is going to be the best for drafting something like this. It is very important to not miss something.
Google RE centric lawyers, call the largest property management companies in the areas for lawyer rec's, or local investors or investment centric agents in the area to find a good one. Good luck and let us know what you figure out!
Yes agreed! need to make sure everything is layed out on the table. Thank you!
@Arianna Farinas What state?
I would reach out Erin Quinn or if you need other names we have a full Resource list in our Due diligence section of our Website.
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You could find an attorney or agent - recommend negotiating a flat fee with either of them as pretty standard docs.
Quote from @Drew Sygit:
You could find an attorney or agent - recommend negotiating a flat fee with either of them as pretty standard docs.
great advice, thank you!