The next thing is to advertise your home.

Your real estate broker will handle all the marketing and advertising for you, including putting up a yard sign. Ask them if they have a sign rider that says, "Owner financing". Also to put this in the real estate multiple listing service.

But if you are NOT using a real estate broker you will have to do the marketing yourself.  That is to say, "For Sale by Owner" or FSBO.

You need to put a sign in the yard. We have learnt that if it looks too fancy the buyer can actually be put off. You can buy signs like this at Home Depot. Of course put your phone number on the sign and the minimum down payment you will accept. Something like this works well:

 We have always had good success with local newspapers. 

This sort of ad works well:

$8,000 DOWN. 3 bed 2 bath home in Riverhills. Fresh paint, ready to move in, OWNER WILL FINANCE. your-phone-number

Should you give the total price and address? As professionals who have sold many houses in this fashion, we do. We don't want to waste time talking on the phone telling someone where the house is located. But it is up to you. 

Truth in lending laws, Regulation Z,  can require that a seller  provides disclosure of the APR, term and monthly payment when they quote a down payment in an advertisement or yard sign. HOWEVER, according to our understanding this only applies to persons selling more than 5 houses a year, or regular creditors such as banks. It does not apply to an individual homeowner selling their home.
It also only applies to homes being sold, it does not apply to vacant land, commercial properties etc. Check with your attorney if concerned. 

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