Here's how it workS

 If you allow payments, then you can get a higher price for your property. Typically, payments are made to you for 5-10 years followed by a final balloon payment. Down payments can range from 0 - 10% depending on your needs. No need for banks or agents.

The standard documents we use: 

• Purchase and Sale Agreement - outlines the price and terms. 
• Promissory Note - the buyer's promise to pay.
• Deed in Lieu of Trust - buyer "gives back the keys" if they can't pay.

 You get monthly checks through a loan servicer, which makes your payments consistent, on time and simplifies tax reporting.