Land Contract
– Land Contract
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 the Midwest. The history of land contracts came from selling land on installments. Every state has different laws as far as repossessing a property […]
– Land Contract Purchase
Buying on a land contract When you buy on a land contract you put some money down, you make some payments over time and you have a balloon payment at the end. We use land contracts, contracts for deed, agreements for deed, they’re all the same thing everyday as one of our offers as a […]
Land Contract – Contract For Deed
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 but not legal title like a warranty deed, then you make payments over time with generally a balloon payment in the future. It […]
– Like a Car Loan
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 the payments, then you get the title when you finish the loan. So these contracts are similar, you put money down, you make […]