In essence, land contracts are alternatives to traditional mortgages financed by the seller. These kinds of home contracts are typically put in place when the buyer is reluctant in taking out a formal …
Michigan Land Contract
5 Reasons Owners Offer Seller Financing
Here are 5 reasons property owners offer seller financing: 1. Reduced Marketing Times What is the first thing a real estate agent does when the property is not moving and has been on the market for …
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The Original Promissory Note
Can you easily locate the original promissory note? This important legal document should be kept in a safe place, and here is why! The promissory note is a promise to pay or IOU from the property …