Seller Financing contract

You mean a purchase contract?? Or the note itself??

For the purchase contract... it's no different than any purchase contract. Just right in "seller to carry a 1st/2nd/3rd mortgage with payments of 1000.00 per month all due and payable in 2010".

OFC change the amounts, dates to work for you.

The note would be created by title based on the purchase contract.

I was looking for the note contract, but not the actual one from the lawyer that would be recorded, but the one that I would present with the offer.....(addendum 1)

I made one up....

thanks

I had to add my own to cents to this.
when presenting an offer all you are doing is an offer of terms and dollar amounts. The same goes with seller finance terms. All you are doing is offering up the idea of financing and it doesn't become official until the note is recorded when closing.

Now as far as the document that you use, I would use the local Board of Realtors seller financing addendum. the local Board of Realtors would have had their own team of attorneys and national attorneys approve of this document. Now if you choose to use your own documents just make sure that you follow all the same details that the Board of Realtors document uses. you do not want any surprises at closing when the attorney or escrow officer comes and tells you that there are terms still needed and that you are not ready to close.