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Understanding Land Contract Homes: In Pursuit of the American Dream

Ratings:
113 pages1 hour

Summary

This book covers the subject of Land Contracts, also known as ' Contract for Deeds'; a form of seller-financing in the purchase of real estate. It is a practical guide, explaining fundamentals, general application and even the 'urban legends' surround this type of real property transaction. It details responsibilities for both parties in such a arrangement, and serves as a common sense guide for those interested in this method of acquiring or selling of real estate in the U.S. Although addressing primarily residential property, this book can also be useful with commercial properties, as well as for vacant land sales.

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