Attorney review required.
Creative finance structures vary by state. Have a licensed real estate attorney in the subject state review before executing. Due-on-sale, usury, foreclosure, and consumer finance laws differ materially by jurisdiction.
1. Pick a Structure
— Select a creative finance structure —
Seller Financing (Owner Carry)
Subject-To (Take Over Existing Mortgage)
Wrap Mortgage / AITD
Land Trust + Assignment of Beneficial Interest
Lease with Option to Purchase
Novation (Rehab + Resell with Seller Retaining Title)
Equity Share / Joint Venture
Contract for Deed / Installment Sale
Formal Mortgage Assumption
Short Sale Purchase + Authorization
Master Lease with Option
2. Deal Identification
Deal Reference ID
Effective Date
Closing / Start Date
3. Subject Property
Street Address
City
County
State
-
AL
AK
AZ
AR
CA
CO
CT
DE
FL
GA
HI
ID
IL
IN
IA
KS
KY
LA
ME
MD
MA
MI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
ZIP
Parcel ID
Legal Description
4. Parties
Seller
Full Legal Name / Entity
Email
Phone
Mailing Address
Buyer
Full Legal Name / Entity
Email
Phone
Mailing Address
5. Economic Terms
Only the fields relevant to your chosen structure will apply. Others are ignored.
Purchase / Strike / Wrap Price (USD)
Down Payment / Cash to Seller (USD)
Financing Terms (seller_finance / wrap / installment)
Interest Rate %
Amortization (years)
Balloon (months; 0=no balloon)
Monthly P&I Payment (USD)
First Payment Date
Existing Loan (subto / wrap / assumption / short_sale)
Lender Name
Loan Account #
Existing Loan Balance (USD)
Existing Monthly PITI
Underlying Rate %
Wrap Rate to Buyer %
(wrap only)
Cash to Seller at Closing
Refi Obligation (months)
(subto)
Lease Terms (lease_option / master_lease)
Monthly Rent (USD)
Rent Credit per Month (USD)
Option Fee (non-refundable, USD)
Option Term (months)
Lease Start Date
Option Expiry Date
Land Trust
Trust Name
Trustee Name
Partnership / Novation
Seller Net at Closing (novation)
Wholesaler / Novation Fee
Rehab Budget
Deadline to Resell (days; novation)
Seller Profit Share % (equity_share)
Hold Period (months; equity_share)
Additional Terms
6. Seller Signature (can sign now or via emailed link)
Printed Name
Date
Draw Signature
Clear
7. Buyer Signature (WETYR)
Printed Name
Date
Draw Signature
Clear
Preview PDF
Generate & Email Counterparty