Land Contract Questions
Selling a house via Land Contract or Contract for Deed allows the seller to finance the purchase price on behalf of the buyer. The seller maintains a financial interest in the home until the buyer pays off the Land Contract fully.
The question of insurance comes into play when the property detailed in the land contract is under mortgage with the seller, and not owned outright by the seller. [ Read More… → ]
Tags: Land Contract Questions · July 10th, 2009
If a tenant in a lease or a buyer in a land contract do not make the monthly payments as their contract dictates, the property owner must take legal action against the defaulting party to reclaim their property. [ Read More… → ]
Tags: Land Contract Questions · Lease Agreement Questions · November 8th, 2008
The parcel number and prior recording date should be contained on the existing Deed for the property. If you do not have a copy of the existing Deed, check with your county recorder’s office.
Tags: Land Contract Questions · Quitclaim and Warranty Deed Questions · October 21st, 2008