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What Documents Are Needed to Set Up Seller Financing
To set up seller financing, it’s important that you put together a simple purchase agreement. You can find plenty of free examples online. I always suggest setting up a few conditions in your purchase agreement, such as giving yourself the ability to back out if a big issue is discovered in the inspection. As far as closing goes, let the professionals handle that paperwork. Depending on your state, either the title company or an attorney can help finalize the sale.
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About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Morning Invest with his wife, Natali, bringing you news you won’t hear on major networks.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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