Land contracts can be an option for people who don't have the financial means to qualify for a traditional mortgage. With this type of arrangement, the homebuyer makes payments directly to the seller, ...
When buying land or a building for your business you have another option besides securing a traditional mortgage. Land contracts provide property buyers with an opportunity to buy a tract of land or a ...
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 ...
If you're hoping to buy a building for your business, owner financing is one option. When the previous owner finances your purchase, you avoid the inconvenience of qualifying for traditional financing ...
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 ...
Long-term interest rates remain at record lows, and there are no indications they will rise anytime soon. But because of strict lending requirements, potential home buyers must have pristine credit to ...
A land contract is a method of purchasing or selling a home without going through a bank or lender. They became popular in the late 1970s and early 1980s when interest rates were higher and ...
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 ...