Asked by ddd, 34470 • Tue Jan 6, 2009
I will soon be buying my sister's condo from her in ocala fl. Marion County. We will not be using a realtor to complete the sale. We have agreed on a sale price, it will be owner financing at 5% interest rate, we have come up will a monthly payment plan with down payment. What do I need to do next? What legal paper/forms need to be filled out by the seller and buyer? She has a loan against the condo which will be paid off using my down payment. Will that hold up the sale of the house? Do we both need to get lawyers? Thanks so much in advance.
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