Details About "Land Contracts"

Many Sellers are having success in making that SALE by offering a form of “seller financing” with doing a Land Contract. This is not the Land Contract of old that you may have heard bad stories regarding – at least if you are sure to use a Title Company that is reputable and who uses a Real Estate Attorney to draw up the actual Land Contract. That is the biggest tip I would say “please make sure you do this” and that along with careful review of all language will help to ensure that both Buyer and Seller can come out of the deal Winners! Click here to read more: Land Contract Basics PDF.

Land Contract Information

Buyers who are looking to BUY but are concerned that with all the mortgage changes they may not be able to find the right loan program – are looking at LAND CONTRACTS as an option.

Sellers who are looking to SELL and don’t want to have to take the hit to the bottom line or who need to make a sale NOW are looking at offering a LAND CONTRACT as an option.

Now, the benefit is this: a LAND CONTRACT can actually work very well for both parties and everyone can feel confident that the deal is solid, that both buyer and seller have “built-in protection clauses” and that for all intents and purposes – this seller financing option is a viable way to make the deal happen now. (more…)