Question: In a transaction that involves seller financing, why do you suppose the Payment Terms Addendum has to go into such detail? Shouldnt a simple dollar

In a transaction that involves seller financing, why do you suppose the Payment Terms Addendum has to go into such detail? Shouldnt a simple dollar amount and interest rate be enough for the purchase and sale agreement, with all other particulars spelled out in the note and deed of trust? Why or why not?

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