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 […]
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 […]
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 […]
