Beware the Contract for Deed
These days, as many sellers are in a desperate struggle to sell their homes, and many potential buyers are having trouble qualifying for conventional mortgages (because of tougher loan underwriting policies), the result is that seller financing is on the rise. One form of “seller financing” is the contract for deed.
WHAT IS A CONTRACT FOR DEED?
A Contract for Deed, sometimes referred to as a “land contract” or an “installment sale agreement,” is a form of seller-financing for real estate. In a [...] Continue Reading…

















