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Click ‘Get Form’ to open the SELLER FINANCING RIDER in the editor.
Begin by filling in the date of the contract and the names of both the Seller and Purchaser at the top of the form.
In Section SFR1, specify the loan amount, lien position, and interest rate. Ensure you select whether payments will be principal and interest or interest only.
Indicate how often payments will be made (monthly, quarterly, annually) and enter the specific payment amount.
Choose between a non-balloon or balloon loan option and fill in the respective years for maturity.
Complete Section SFR2 by confirming that necessary loan documents will be executed at closing.
If applicable, provide details in Section SFR4 regarding any additional terms that may conflict with other provisions.
Finally, ensure all parties sign and date where indicated at the bottom of the form.

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