Land Contracts - Can you detail the closing process?
We're wanting to learn how Land Contracts differ from regular note transactions. We know because of it being a contract, there are state specifics that might throw extra steps. Is there something we should make sure we watch for in the process? Do lawyers need to be involved in every transaction? How different is this from a CFD note purchase? Can you recommend an expert on Land Contracts?
Any guidance is welcome, we want to figure this out in more detail. Thank you.