Also called an installment land contract, contract for deed or contract for sale, a land contract is a property sale where the seller holds the title of the property until you have paid for it. Absent ...
Alan Nochumson, left, and Dylan Beltrami, right, of Nochumson. Courtesy photos. Can a buyer under an installment land contract lose their equity with a single missed payment? In Zanicky v. Skopow, 339 ...
Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans. By Ann Carrns With traditional mortgages for lower-priced ...
Land contracts can offer a path to homeownership without a traditional mortgage, but the financial responsibilities involved are not always straightforward. Property tax obligations in particular ...