Tips for Sellers and Buyers Using Contract For Deed Tool

Seller financing can be a win-win situation for both the buyer and seller in a real-estate transaction. As long as the contract is legal and both sides honor their obligations, both parties will find that seller financing is much less costly than traditional financing methods. In most cases, there is no need for a traditional closing, unless the buyer is using proceeds from a mortgage loan to cover some of the home's purchase price in addition to the seller financing.

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