Any advice or landmines to consider with 100% seller financing?

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May 16, 2023

by a searcher from Southern Methodist University - Edwin L. Cox School of Business in Denver, CO, USA

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Reply by a professional
in Richland, WA, USA
1. Try to avoid a PG 2. Make sure you have offset language 3. Negotiate interest only for first 1 or 2 years 4. Avoid “confession of judgment” at all costs 4. Make sure penalty for late payment and grace period before declaring a default are reasonable.
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Reply by a searcher
from Southern Methodist University in Denver, CO, USA
Thanks Eric!
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