The Real Estate Encyclopedia
What is a contract sale?
Category - Home Buying Questions - General Home Buying FAQ's
A contract sale is also called land contract or owner financing. Typically, the buyer will pay the seller, under certain agreements, instead of the buyer getting a mortgage through a banker or brokerage. The title is not transferred to the buyer until all aspects of the agreement are satisfied.


References


External Links
www.affordablelistings.com
 
 
Category(s)
Home Buying Questions - General Home Buying FAQ's
Home Selling Questions - General Home Selling FAQ's
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