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How does someone do Owner Financing on a house?

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Old 11-09-2009, 04:51 AM
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Join Date: Oct 2009
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Default How does someone do Owner Financing on a house?

I am looking to sell my house and offer owner financing to open up for more potential buyers and an increased sales price. I need to know what paperwork I need to do to complete the transaction. Do I need to notify my current lender? Should I consult an "expert" or is this something I can do myself? I rather not pay someone if it is just a matter of doing the leg work.
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