: Specify who is responsible for maintenance and whether the property is being sold "as is".
: If you miss a single payment, you may lose the property and all previous payments (depending on state law). buying contract for deed
: If the seller has a mortgage on the property and fails to pay it, the bank could foreclose even if you are current on your payments. If you're interested, I can find: State-specific templates for your location. : Specify who is responsible for maintenance and
: Monthly payment amounts, total number of payments, and the length of the loan. If you're interested, I can find: State-specific templates
Information on how to in your specific county.
: In many jurisdictions, the contract should be recorded with the county recorder's office to protect the buyer's interest. Common Risks
A list of who specialize in seller-financing.