Closing the deal with seller financing

Description

Abstract: The recent dearth of financing options has prompted some motivated sellers to consider offering seller financing, an arrangement previously associated with smaller transactions. Sellers interested in closing larger deals are now seeing the benefits, but they also face many complexities. This article looks at why seller financing might be a good option, along with what the seller should consider and what tax issues come into play. A sidebar lists the documentation that sellers should obtain when navigating a seller-financed deal.