Tag Archives: Land Contracts
Land Contracts – Part III – Horror Stories!!
The fact is that some sellers who have used land contracts have had horrible experiences and you need to be prepared that some negative things could happen.
What is the worst? Since you are going to stay in control to keep the home insurance and taxes paid, you are not in jeopardy of losing the home to a fire or that the property tax authority will take over your home because of an unpaid bill. That would be really bad. YOUR buyers have the ability to pay you slow, sometimes nothing for a while. But you will keep your payments up and therefore, your interests in the home are protected…
Full StoryLand Contracts – Part I
Many home sellers are using Land Contracts in this market to sell their home. This series of posts should help you make a good decision about whether its right for you.
The appeal of this type of sale are multifaceted, here is a non- exhaustive list of benefits to you as the seller in a Land Contract scenario…
Full Story
