What is a land contract?
Land contracts have been involved with a way to finance property for over 200 years in the United States. They are still very common today in
No equity deals means that if you sell the property, you can't afford to pay the agent commission and the closing costs.
How can you have no equity?
Well if you bought
Land Contract or Contract for Deed
Buying or selling on a land contract or contract for deed
This means that you put some money down, you get possession, you get Equitable Title
Like Car Loan
A land contract, contract for deed, agreement for deed, these are contracts that are like a car loan.
When you buy a car you put money down, you make