@Jon Holdman @Kris Haskins Just to clarify some details about the property:The property is a duplex with as many rooms as there are tenants (1 person per room).

I'm tied up today, but maybe we can discuss this in great detail next week after you've sent me your thoughts.

Unfortunately, I won't be able to give you details on the timing, but owner-occupied residences can be lengthy and potentially expensive..

Source documents are needed to show and justify all entries on any settlement statement, documents are to be retained for three years as well.I would be suspect to any closed sale transaction accomplished without a sale contract, that being so unconventional I can only think of the justifications for not providing a contract would be to withhold details of the transaction. :)

Please explain the details and the break down.

How notes are sold, pretty easy generating interest, from there you'll need to give details and then accept bids or offers from those interested.

I want to work with someone that will explain to me all the details.

That is more problematic.Could you give a little detail about what you are wanting?

My long winded answer can be summarized by the following; I hope my detailed insight gives you better knowledge into the industry that could help on this and future deals.

Off hand, good terms, very good rate for seller financing, so good it makes me wonder, guess that means $1,080,000.00 financed.What is better depends on your market.The only other advice is ask questions that has much more detail about the circumstances and what the goals are.Asking what is better, as you did, is like asking what's better, a Ford, Chevy or a Dodge?