Land contracts, commonly called installment land contracts, contracts for deed, or land sale contracts, are real estate transactions where the buyer makes a down payment followed by periodic payments and the seller retains title to the property until all of the payments have been made.
New contract financing and existing note purchases available.
Purchase the land and immediately buy it back on contract for deed.
Land owners who cannot qualify for traditional financing but have equity in their ground Lower or no down payments.
Lower closing costs as banks and realtors may not be involved.
A lack of formal applications and underwriting processes