How a Business Hired a Lawyer to Draft a Seller Financing Agreements in Washington

In 2025, a business in Washington posted a project seeking assistance with drafting seller financing agreements. The client aimed to establish a contract to sell a home to a friend, preferring to offer favorable terms while leveraging the existing mortgage's attractive interest rate. They intended to structure the sale as "subject to" the existing loan, incorporating owner financing at 5.5% above the mortgage rate, and sought guidance on how their home being placed in a Real Estate Privacy Trust might impact the transaction. As a result, the client received five proposals from licensed lawyers, with flat fee bids ranging from $395 to $2000, all submitted to meet the requested deadline of less than a week.