Contract for Deed

Are you rebuilding your credit history? Having trouble securing a loan? A Contract for Deed may be the solution to help you buy your dream home. If you find a willing seller, a Contract for Deed can help you build credit while working towards the purchase of a new home.

Use a Contract for Deed if:

• A Purchase Agreement has been signed by the Buyer and Seller of real property who are ready to proceed with finalizing the transaction.
• You are selling real property to a Buyer who is unable to obtain financing through a bank or other financial institution and you have decided to act as the financer.
• You are buying real property from a Seller who is willing to allow you to reside on the property while you make payments toward to total purchase price.
• You are a Buyer who has no established credit or bad credit and wish to purchase a home by making payments on the sales price to the Seller without financing with a bank or other financial institution.
• You want to determine the amount of a monthly payment on a loan contract.