30 year contract for deeds illegal in Texas?

[Brian Kempler]

Attorney Alan Ceskher: "No. 181 day contract for deeds are not allowed" (in Texas)

Older threads here said they are allowed. But maybe those threads are out of date.

Anyone do a CFD of more than 6 months recently?

I'd also appreciate any other Texas attorney referrals who can handle CFD paperwork.

[Chris Seveney]

Quote from @Guy Gimenez:

Are CFD's legal in Texas? Yes. Would I EVER do one as a seller? Absolutely not. The statutory burdens on the seller are extreme and can be financially devastating if a mistake is made. Would I consider purchasing via CFD? Still no, the pitfalls can be numerous and there is no upside that I can find. There are too many better creative options than to consider a CFD.

As I mentioned above, I never understood CFD's in non-judicial states, they make sense in places like Indiana, Ohio and some places in the midwest but in the south, they are essentially useless. I see people doing them in florida, then realize they still have to do a complete foreclosure and get upset about it because they followed some guru or bad advice here on BP.