Get Immediate Access to Our Owner Financing Agreement Template For Sellers

We’ve organized this owner finance contract template into two for sale by owner document sections:

• Real Estate Purchase & Sale Agreement (PSA)

• Owner/Seller Financing Addendum

Each section is designed for a specific step in the for sale by owner property sale process, and you’ll find highlighted parts throughout the owner financing agreement template to assist you in filling it out.

Real Estate Purchase & Sale Agreement

This document serves as the primary agreement between the current owner and buyer in the real estate purchase process. Its purpose is to list the property sale details, provide property information, outline specific owner finance sale terms between the owner and buyer, and address owner financing arrangements, among other crucial elements of a property sale. It is important to review all sections, tailor them to your specific use case, and seek validation from a legal professional before formalizing the for sale by owner contract.

If you only need the Real Estate Purchase and Sale Agreement and not the Owner Financing Addendum, you can also obtain our Purchase & Sale Agreement Template separately.

Owner/Seller Financing Addendum

This owner finance template serves as an addendum, covering the owner financing contact terms in an owner financing arrangement between a owner and buyer. Its purpose is to detail the owner financing sale specifics and outline key owner financing terms, among other critical elements of an owner financed property sale. It's important to note that this addendum is designed for traditional owner financing arrangements, where the seller owns the property outright or any underlying owner mortgages will be paid off in full by closing. Note that it is not intended for property sales where the current owner's existing mortgage loan will remain in place after the acquisition (commonly referred to as a 'SubTo' contract or 'Subject To' agreement sale). It is important to review all sections, customize them to your specific financing arrangement, and seek validation from legal and financial professionals before formalizing the owner financing agreement.

If you only need the Owner Financing Addendum and not the Real Estate Purchase and Sale Agreement, you can also obtain our Owner Financing Addendum Template separately.

Other Purchase Documents You May Need

While we have provided the main two documents essential for an owner financed real estate sale transaction, additional for sale by owner paperwork and clauses may be necessary. These could be specifically required by the county, city, and state to process your transaction, such as a Seller Property Condition & Disclosure Statement, Lead-Based Paint Disclosure, and other potential for sale by owner templates. It is important to do your due diligence and seek validation from a local legal professional before finalizing the agreement to ensure that all required documents and clauses are included in your owner financing contract.

Note that this owner financing contract template is created for owners looking to sell their properties with owner financing and seller note loans. If you’re evaluating the purchase of a property with owner financing, then you should use our Seller Financing Contract Template for Buyers.