Land Contracts: What are they?!
Never heard of land contracts? You may be missing out on an excellent toolset in your investing toolbag. We will explain them in this first of our four-part vLOG series. 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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