This Addendum is used when the Seller is financing all or a part of the purchase price. 26-8 Redline 11.2022.A real estate purchase agreement with seller financing should include: Seller and Buyer must agree on the purchase price and down payment. A dealer who makes a seller-financed sale must apply to the appropriate county tax assessor-collector (CTAC) to title and register the motor vehicle. So, basically, if you only do one seller-finance deal in a year, you do not have to do ATR. These are the steps typically involved with closing a seller-financed real estate transaction with a Promissory Note and Deed of Trust. I'm going to share with you how to structure an offer with one of the most profitable real estate strategies and that is seller financing. It should be noted that TREC rules require license holders to include the Seller Financing Addendum in the contract package for a wrap. Seller financing is an alternative way for a buyer to purchase their home. Essentially, the seller becomes the lender and extends credit to the buyer.