Land Contracts: Avoid The Pitfalls!

Land contracts can do wonders for both buyers and sellers, but it is not without risk. Things can go wrong! In this second video of our 4-part vLOG series on land contracts, you will learn what to watch out for. Enjoy the video!

Background: A land contract, also known as a contract for deed or installment land contract, is a real estate transaction where the buyer pays the purchase price of the property to the seller over time, rather than obtaining financing from a third-party lender. The seller retains legal ownership of the property until the buyer has fully paid off the purchase price.

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