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Agreements 101

A Guide to Contract for Deed

A contract for deed, also known as a land contract, is an alternative method for financing the sale of a house or other real estate. The buyer and seller agree to an installment plan, where the buyer pays the seller directly over a period of time instead of in one lump sum when the transaction closes.

Author Ted Sclavos
Ted Sclavos
A Guide to Contract for Deed

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