Seller Note Anatomy
Take a seller financing note apart piece by piece: rate, term, amortization, balloon, and default terms, and see how each one can address a concern the seller raises and what risk it leaves open.
Inside this Evidens tool (AS-22, Part F: Decide and structure)
- Takes in: the Seller Motivation Map (AS-21).
- Hands to: the Offer Term-Sheet Builder (AS-07).
- What it holds: the terms that matter; security: what the seller holds; subordination: the word that scares sellers; balloon risk: the refinance plan is dated before you sign; default and cure; what sellers fear, and how the paper answers it; the attorney line.
What this tool is for
Take a seller financing note apart piece by piece: rate, term, amortization, balloon, and default terms, and see how each one can address a concern the seller raises and what risk it leaves open.
Where it fits
Part F: Decide and structure. This Part asks: Advance, retrade, pause, or walk, and on what terms?
Run the tools in a Part in order; each tool's Hands to line tells you the next one.
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Back to the full catalogWhere this evidence lands
The evidence states this work feeds are defined in the ParkProof Standard. The ParkProof Walkthrough shows one fictional deal file carried through those states to a documented posture.
On a live deal, the finished sheet joins the record: claimed, proven, or still open, with the evidence attached.
Acquisition Signal Resources are educational tools, not professional advice. They organize a disciplined diligence workflow; they do not replace legal, tax, engineering, or investment review. Basis and limits: each worksheet states the Evidens diligence method and its Evidence Status Standard, not a market benchmark or a sourced rate. Any figure in a worked example is an illustration or a working assumption, labeled as such, to replace with the deal in front of you and its verified numbers. Tax, insurance, landlord-tenant, and fair-housing rules vary by state and locality; confirm the rule for the park's own jurisdiction before acting on it. Read our editorial standards.
