How to set up Seller Financing

[Manuel Savorelli]

Hi board,

I currently have a condo listed for sale and I'm offering Seller Financing - I'm interested in becoming the bank, receiving a nice down payment while receiving monthly checks (with interest).

My RE Agent asked me today about the terms that I'd be interested in offering the prospective buyers and that's when I realized I couldn't answer that question confidently.  I'm hoping someone out there could chime in and provide options, suggestions, and/or criticisms that might help steer me in the right direction.'

TIA,

Manuel