Tag: contract for deed
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When Your Fixer-Upper Isn’t Yours: The Struggle for Rent-to-Own Deed Rights
Maria and Enrique, a real couple with one young child, signed a contract for deed. They believed they were buying themselves a fixer-upper home. They restored the plumbing, electricity, heating and AC, and finally moved in. But when they felt ready to sell their fixed-up home, they were told their seller never fully owned it…
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Federal Update: New Contract for Deed Rules
Contracts for deed – sometimes called installment contracts, land sales contracts, or owner carry – leave the deed until the borrower pays for the home in full. Until then, the borrower lives in and maintains the home. This is a type of seller-financed home sale – and it’s one way to avoid getting entangled with…
