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    Virginia Contract for Deed

    $17.99

    If you are selling a real estate property in Virginia, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or purchase money mortgage).

    • Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
    • Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
    • The seller has the right to take back the property if the buyer defaults in payment.
    • At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
    • This is a MS Word template form and is fully editable to fit your exact circumstances.
    • Intended for use only in the Commonwealth of Virginia.
    Download Type: Microsoft Word
    Last Updated: 10-August-2021
    SKU: 5008