A land contract provides a rent-to-own structure which enables someone to purchase real estate with little to no cash down payment. Called contracts for deed or land installment contracts in some states, land contracts require the buyer to make monthly payments towards purchase of the real estate to the seller. Part of each month’s payments
Are We Entering A New Era Of Creative Financing?
September 5, 2012 by
Those of you old enough to remember the high interest rates of the late 1970’s, which lasted throughout the 1980’s, may recall that quite a few real estate gurus made their name during this period with books on creative financing strategies for buying real estate.
Ideas For Financing Your Next Home Purchase Without Credit or Qualifying
August 20, 2012 by
In part one of this multi-part series, we’re discussing various ways to creatively finance your next home purchase, even if you just went through a foreclosure last month. There are literally dozens of creative ways to purchase a piece of real estate, but your local mortgage lender does not want you to know that you can do so without jumping through endless “hoops” trying to qualify for a mortgage.
