SOUTH CHICAGO, Ill. (WLS) -- Land contracts, which according to the Cook County Recorder of Deeds are becoming more popular, may help some people who can't qualify for a traditional mortgage, but for ...
Also called an installment land contract, contract for deed or contract for sale, a land contract is a property sale where the seller holds the title of the property until you have paid for it. Absent ...
Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans. By Ann Carrns With traditional mortgages for lower-priced ...
DETROIT – Land contracts come with risks for home buyers, who rarely end up owning the homes they buy with such contracts, real estate experts say. The term is misleading; “land contract” sounds like ...
Going back many decades, it was common for Colorado real estate to be sold using an installment land contract, also known as a contract for deed. In an installment land contract, the buyer and seller ...