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Books > Health, Home & Family > Home & house maintenance > Housing & property for the individual
This book covers the subject of seller financing of residential
real estate, and addresses the top ten mistakes home buyers make
when choosing this method of acquiring a home. The reader will
learn what a land contract is, how it is structured and what are
the essential legal problems to be aware of and avoid. This book
was prepared and compiled to help educate the reader on the subject
of seller financing. It continues to expand on the subject of the
authors previous books on the subject: 'Understanding Land Contract
Homes: In Pursuit of the American Dream' and 'Land Contract Homes
for Investors'. This book will help the reader identify quickly the
key areas that can create trouble for the home buyer with the land
contract, and construct an agreement mutually beneficial to both
parties to avoid these problems. Understanding these common areas
of difficulty makes it simple and easy to avoid. Neglecting any of
them can make for a painful and expensive lesson after the fact.
Land Contracts are a popular form of seller financing. They offer a
home buyer a means to purchase a home on an immediate basis, while
they prepare for refinancing the home at a later date. This book
will serve to educate the reader on how they work, as well as give
them the knowledge they need to create the best possible future for
themselves as a home owner.
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