[WSBARP] Selle financing

[Craig Blackmon]

Sorry to burst your bubble, Bryce...
https://dfi.wa.gov/residential-seller-financing

CB
Craig Blackmon, Attorney at Law
<https://www.mywsba.org/PersonifyEbusiness/LegalDirectory/LegalProfile.aspx?Usr_ID=000000029240>
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On the blog: Changes to Title and the QCD
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On Thu, Oct 30, 2025 at 10:06 AM Bryce Dille <Bryce at dillelaw.com> wrote:

> Over the years I have done many transactions involving seller financing
> where the property is sold on a real estate contract or less often on a
> note secured by a deed of trust and although ignorance may be bliss I'm not
> aware of any state or federal rules that govern this type of transaction
> other than disclosure requirements and those dealing with interest rates
>
>
>
> Bryce H. Dille
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> Dille Law, PLLC
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> *From:* wsbarp-bounces at lists.wsbarppt.com <
> wsbarp-bounces at lists.wsbarppt.com> *On Behalf Of *Craig Gourley
> *Sent:* Thursday, October 30, 2025 9:47 AM
> *To:* WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
> *Subject:* [WSBARP] Selle financing
>
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>
> Listmates,   I always get tangled up in the exemptions for Seller
> financing.  I know there are both State and Federal rules.   I have a
> client that wants to do Seller financing on their personal residence.
> Interest only with a rate change at 2 years, balloon in 5 years.   This is
> their one and only sale.   My concerns are that the loan is not fully
> amortized, there is a rate change mid term and it has a balloon in 5
> years.  I think it is OK, I just can’t seem to confirm it.  Shockingly, DFI
> won’t return my calls.   Thoughts?  Thanks, Craig
>
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