Seller Financing Tips

[jhutson]

There are several threads on this, but here is a recent one:

Should I ever be suspicious of an owner offering Seller Financing?

Hi there, Is there ever a reason to be suspicious of an owner wanting to do seller financing? It looks like the benefits to me of seller financing are 1) no personal recourse 2) Below-market interest rates and 3) (typically) longer amortizations, but what are the benefits to the seller? Receiving interest? I ask this because in doing research on this particular park owner, I am finding mention of various lawsuits that indicate he is perhaps unscrupulous… I know there are two sides to every…

Good luck!