LoopNet reported on owner-financing (also called seller-financing), a complex alternative to the traditional financing, and some of the factors to consider before exploring owner-financed deals including terms, due diligence, tax advantages and income.
Ansell Grimm & Aaron attorney Jessica T. Zolotorofe shared why it’s essential to consult a lawyer before finalizing any owner-financed deal and the importance of having good contract terms for both buyers and sellers. Zolotorofe devotes her practice to real estate transactions, including buying, selling, leasing and financing commercial properties.
