Legal Question in Real Estate Law in Florida

You might consider seller financing if you don't need to receive all the money at closing, like in a typical sale, and you have found a buyer who can't get a traditional bank loan, but is otherwise a good buyer. The advantage is a quicker sale and you can probably get a higher interest rate on the money you lend. The disadvantage is that you don't get paid-in-full at closing and you might have to later foreclose and take the property back if your buyer defaults.