Simple 2 page contract specifically designed for selling or buying owner financed real estate and includes a section to specify seller financing terms. This MS Word document can be easily edited to suit your needs.
Amortization table - enter loan values and this worksheet will amortize the entire loan and calculate monthly payment, interest, principal, and the remaining balance for each month. If additional principle and/or late payment fees are assessed balance is adjusted and the remaining balance is calculated after each payment or fee. This is especially valuable when calculating yearly totals during income tax preparation. The form can be printed and given to buyers for future reference. Download works with any MS Excel version, PC or Mac.
Published by the mortgage note brokers, this introductory guide helps sellers and buyers to understand how to properly structure their owner financing notes so that they become marketable on the secondary note market. Download:
26 page FSBO-owner-financing-guide.pdf